TPM tpg telecom limited

Ann: Investor briefing re AAPT acquisition , page-21

  1. 846 Posts.
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    Telecom NZ posted their half yearly update.
    It included the half yearly figures for AAPT, extract from Commsday:
    "AAPT posted an adjusted EBITDA result of NZ$55 million for the first half of FY14, which Yuile
    said was a 70% increase on the previous corresponding period (NZ$36 million). Revenues were flat at NZ$235 million"

    Now the question of whether AAPT has returned to growth or whether it was TNZ prettying up the business for the sale.
 
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