M2 Telecommunications full-year profit up 33 NIB posts fall in full-year earnings Wong challenges Abbott over budget cuts Midday Roundup

M2 Telecommunications Group M2 Telecommunications Group has delivered a sizeable increase in full-year earnings, with the company posting a 33% net profit increase to $43.8 million. Revenue also increased, jumping 73% to $681 million, up from the previous year's $393.5 million. M2 will pay a full-franked dividend of 10 cents per share, marking the eighteenth consecutive dividend declared …

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