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The owner of the Primus and Dodo telco businesses has increased its full-year profit by 33 per cent and expects further growth in the year ahead. M2 Telecommunications made a net profit of $43.8 million in the 2013 financial year, up from $33 million the previous year. The boost was helped by revenue from its purchase of Dodo and Eftel in May, and Primus in 2012.

By InvestSMART · 27 Aug 2013

By InvestSMART ·
27 Aug 2013

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The owner of the Primus and Dodo telco businesses has increased its full-year profit by 33 per cent and expects further growth in the year ahead. M2 Telecommunications made a net profit of $43.8 million in the 2013 financial year, up from $33 million the previous year. The boost was helped by revenue from its purchase of Dodo and Eftel in May, and Primus in 2012.

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Boost for telco owner

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