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Business Description: Hutchison Telecommunications (Australia) Limited (HTA) owns a 50% interest in Vodafone Hutchison Australia Pty Limited which provides mobile telecommunications services under the Vodafone, 3 and Crazy John’s brands in Australia.
Strategy Analysis: HTA will continue to focus integrating Vodafone while improving its market leading position in customer experience and satisfaction. HTA is encouraged by the progress on the National Broadband Network (NBN), and VHA will continue to urge the government to ensure mobile base stations are connected to the NBN.
Hutchison Telecommunications (Australia) reported a net loss of $78.17m for the half-year ended 30 June 2011. The result was due to the decline in VHA profitability following the network and customer service issues, and the Company's $15.6m decrease in interest income following the repayment of shareholder loans by VHA in 2010. Revenues from ordinary activities were $3.41m, down 82.1% from the same period last year. Diluted EPS was (0.58) cents compared to 0.13 cents last year. The net operating cash outflow was $684,000 compared to an outflow of $2.63m in the pcp. No dividend was declared.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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