Hutchison Telecom Australia (HTAL) has posted a net loss of AUD131.3 million (USD136 million) for the six months ended 30 June 2012 from its share in Australian mobile network operator Vodafone Hutchison Australia (VHA). Meanwhile, HTAL’s share of VHA’s total turnover fell by 9% year-on-year to AUD1.035 billion, with its share of the cellco’s service revenue also falling, by 15.8% y-o-y to AUD874.9 million. HTAL’s slice of VHA’s earnings before interest, tax, depreciation and amortisation (EBITDA) stood at AUD112 million, representing a drop of more than 20% against the same period a year earlier.
Taken from:
OVETEL HTAL reports financial and operational results for VHA
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