Broadband division boosts TeamTalk results

CityLink comprises nearly half of company's revenue in 2010-11 results

TeamTalk has posted a $4.8 million profit for the year to June, a 24.5 percent increase on last year’s figure.

Revenue was up 4.8 percent to $32 million, of which $14.6 million came from TeamTalk’s CityLink fibre division, and $17.4 million from the company’s longer-established mobile radio division. TeamTalk acquired CityLink in 2006.

The portion of revenue from CityLink was up $1.88 million on last year, TeamTalk CEO David Ware told Computerworld.

In contrast, revenue from mobile radio was down slightly, by $420,000.

TeamTalk released a statement on the NZX website yesterday discussing the results.

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Tags CityLinkTeamTalkdavid ware

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