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Q4 results increased by three per cent to £1.25 billion a second consecutive quarter of growth
Spectrum Telecoms is aiming to double its revenue to £10 million by the end of 2020, driven by organic growth and new product launches which it declined to reveal. The Burton-on-Trent dealer, which offers mobile, fixed line and hosted telephony, celebrated its 20th anniversary in January and surpassed the £5 million revenue milestone at the
It also saw a surge in its SIP Trunking and Cloud PBX products
The growth was underpinned by the multi-million pound acquisition of Azzuri
The operator also added 565,000 during the year to bring its total base to 7.9 million
The retailer said like-for-like sales grew 8.3 per cent in the first half of 2013, despite a slow Q2 as customers held out for the arrival of 4G
Manufacturer expects net profit margin of 7-8 per cent this year
The operator saw a four per cent decline in total service revenues, although data revenues grew and Vodafone Red plans “performed well”
Competitive and economic pressures on vendor partners and customers blamed for steep profit drop, despite revenue jump