Vodafone Fiji Ltd recorded a growth in it's customer numbers despite recording a 42.4% drop in profit.
In the ATH Annual Report for 2010, Chief Executive Tomasi Vakatora revealed that Vodafone Fiji being one of it's subsidiary companies achieved some positive results after their net subscriber numbers grew by 62,527 at the end of the financial year.
Vakatora said the impressive growth in customer numbers continued unabated, and by the end of the year Vodafone Fiji's subscriber base was 753,679, representing a growth of nine per cent.
Vodafone Fiji turned in a profit of $22 million for the year ending March 31st 2010, 42.4% less than in 2009.
Meanwhile for the remainder of ATH's subsidiary companies mixed results were recorded.
Telecom Fiji registered a net loss of $6.7 million, Fiji Directories achieved a $1.1 million profit, up 11.8%, Xceed reported a modest profit while Transtel and Connect made losses.
Story by: Ana Naisoro
Vodafone records growth in customer numbers
Related Stories
COMPOL urges Lagalaga Sanatan students to value discipline and education
Students of Lagalaga Sanatan Primary School in Labasa have been reminded of the importance of education, discipline and obedience by the Commissioner of Police Rusiate Tudravu. Tudravu spoke to the students during
Heavy Rain Alert remains for Viti Levu, Southern Bua, Cakaudrove, Lau and Lomaiviti Groups
A Heavy Rain Alert remains in force for the Eastern half of Viti Levu from Serua, Namosi through Navua, Suva, Nausori, Tailevu, Naitasiri, Ra, Southern Bua, Cakaudrove, Taveuni, Kadavu, Lau and Lomaiviti Groups and near
Warning letter written to Prof. Narsey – Acting AG
Acting Attorney General Siromi Turaga says a strong warning letter has been written to Electoral Reform Commissioner Professor Wadan Narsey after he came out publicly with the Electoral Reform Commission report recommen
3 Fijian men from KVT gang in Sydney denied bail for AUD$12.5M drugs case
Three Fijians who are alleged to be associated with a gang supplying drugs in Sydney have been refused bail by the court. 28-year-old Eparama Nevale, 28-year-old William Ravoka, and 24-year-old George Sukanaivalu,
Proposed ‘People First’ submits application for registration
The Proposed ‘People First’ has submitted its application for registration to the Registrar of Political Parties, Ana Mataiciwa. Mataiciwa confirms that the FEO is now preparing to publish the party’s applica
Visitor arrivals on track for record year while sugar output drops
Visitor arrivals have recovered following a decline in the first quarter and based on current trends, Fiji is on track to achieve a third consecutive year of record visitor arrivals in 2025. While speaking on the p