Synopsis
Kordia is a trans-Tasman business providing customised broadcast, telecommunications solutions and specialised networks. It owns one of the largest telecom networks in New Zealand and is the major provider of television and radio broadcast facilities. The company has delivered broadcast television, radio and telecom services for more than 60 years and its broadcast network provides coverage to over 99.8% of New Zealanders. It also maintains a 600-site television and radio broadcast network for a major broadcaster, as well as other customers, in Australia.
The company continues to release innovative products and services. In 2009 Kordia launched OnKor, a nationwide managed WAN service, and also KorKor, the first two-way digital radio network in New Zealand. In mid-2010 Orcon, a subsidiary of Kordia, entered the mobile market as a Vodafone MVNO. While in mid-2011 the Genius broadband and WiFi router with inbuilt phone was released with demand exceeding the original expectations.
In 2011, Kordia’s overall revenue increased by 14% but a suffered a negative dive in profit. Into 2012 profitability should return but still hinges on the improvement in the economies of several countries where services are provided.
In this report we profile the company operations and also provide an overview of the company financials for the current financial and previous years in tabular and charts formats in an easy-to-read format.
Companies mentioned
Companies mentioned in this report include – .Kordia, Orcon, e-cast, eTV, Sky, iSky, Aviat Networks,
Hot topics and technologies mentioned
Hot topics and technologies mentioned in this report include – Broadcasting, fibre, FttH, FTA, internet TV, satellite, IP, 3G.