Telecoms market downturn pushes Rakon deeper into the red
NZX listed electronics manufacturer Rakon has reported an after tax loss for FY2017 of $13.6m compared to a loss of $1.6m for FY2016 following a 16 percent drop in revenues to $94.7m.
NZX listed electronics manufacturer Rakon has reported an after tax loss for FY2017 of $13.6m compared to a loss of $1.6m for FY2016 following a 16 percent drop in revenues to $94.7m.
The Commerce Commission has released a study that shows 90 percent of the recent reductions in Chorus’ regulated wholesale broadband prices have flowed through to consumers.
NZTech has initiated a collaborative research project to better understand the potential benefits and risks of IoT for the New Zealand economy.