They may generate around $7 billion in revenue annually between them, but Jarden’s financial analysis reveals how hard going it is for the three telcos at the heart of our digital economy.The investment firm’s analyst said last week that 2degrees, One NZ and Spark are maintaining “broadly flat total revenues”. 2degrees has managed a bit better, with it and Vocus, which merged last year, achieving mid-single-digit growth in recent years.Our telcos have resorted to trimming headcount, such as One NZ’s latest plan to...
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