Shareholders are not the only audience for our annual reports," says Stephen Wetmore, president and CEO of Aliant, the new company formed from the merger of Bruncor, Island Telecom, MTT, and NewTel Enterprises.
0- NEWTEL ENTERPRISES LIMITED CONDENSED CONSOLIDATED STATEMENT OF EARNINGS (UNAUDITED) For the three months ended March 31 (Thousands of Dollars) 1998 1997 _______________________________________________________________ Operating Revenues $89,985 $88,864 Operating Expenses 66,983 70,335 _______________________ Net Operating Revenues 23,002 18,529 Other Income 586 641 Interest Charges 6,216 6,214 _______________________ Income before Income Taxes 17,372 12,956 Income Taxes 7,760 6,011 _______________________ Net Income before Non-controlling Interest 9,612 6,945 Non-controlling Interest 201 191 _______________________ Net Income Applicable to Common Shares $9,411 $6,754 _______________________ Earnings per Average Common Share $0.
NewTel Enterprises Ltd, a Newfoundland- based holding company with interests in telecommunications and information technology, today announced the completion of its acquisition of all the shares of privately-held Minerva Technology Inc.
Stephen Wetmore, President and CEO of NewTel Enterprises Limited, and Derrick Rowe, Chairman and CEO of Stratos Global Corporation (TSE: SGB), announced today that the companies have reached an agreement under which NewTel will enter the international mobile satellite market.
JOHN'S, Newfoundland--(BUSINESS WIRE)--April 17, 1996--NEWTEL ENTERPRISES(TSE:NEL) At its Annual General Meeting, held today, NewTel Enterprises Limited introduced a new name for its largest subsidiary, a new look for all of its subsidiaries, and a cautiously optimistic outlook for the year ahead.
Vince Withers, President and Chief Executive Officer of NewTel Enterprises Limited announced today that the Company has entered into a Memorandum of Understanding that will lead to the creation of a joint organization to manage the telephone directory operations in Atlantic Canada.
