MyNetFone CEO, Rene Sugo said profit growth was largely attributable to organic growth within the MNF business and a contribution from the recently acquired multi-national voice business, Telecom New Zealand International (TNZI).
“Whilst TNZI generated profit during the first few months that we owned it, that was largely offset by acquisition costs and non-recurring integration expenses.
“The company is at a very exciting point in its journey, delivering yet another strong result on the back of robust organic growth, and enormous potential in the global TNZI voice business.”
|
Sugo says MyNetFone will “continue to actively search for and examine” further acquisition opportunities, while remaining “totally committed to driving growth and performance within the business”.
And, he says MyNetFone is confident it will achieve strong organic growth in the coming year and well into the future.