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Ben WoodheadHead of Platform Product

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Net loss narrows

Macquarie Telecom Group reported a nearly 4 per cent dip in full-year revenue to $246 million as it narrowed its net loss from $3.6 million a year ago to $1.2 million. The sales slip was driven by a 13.8 per cent decline in voice revenue that the company blamed on price pressure. It finished the year with $22.6 million in cash, up from $20 million a year ago, and said it expected profitability to continue to improve in 2009. Ben Woodhead

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Ben oversees design and development of newsroom and subscription platforms for The Age, The Sydney Morning Herald and The Australian Financial Review. Previously Ben was Deputy editor – Digital at the AFR.

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    Original URL: https://www.afr.com/technology/fast-facts-20080828-jaota