FIJI:Big profit for phone telco despite lower call charges

Updated July 31, 2007 16:29:34

Fiji's monopoly phone company, Amalgamated Telecom Holdings, has increased its profit by almost 19 per cent despite massive cuts to the price it is allowed to charge for phone calls. ATH Chairman, Kanti Tappoo, says in the financial year just ended, the company increased sales revenue resulting in a profit of 41-point-five-million Fiji dollars or just over 30 million Australian dollars.

Presenter: Jemima Garrett
Speakers: Mili Racule, Executive Director of the Commerce Commission