Amalgamated Telecom Holdings (ATH) has reported a groundbreaking achievement in its financial results for the year ending June 30, 2025, reaching over $1 billion in revenue for the first time. This milestone marks a 10.30% increase in revenue from the previous year. Additionally, the group’s operating profit surged to a historic $112 million, a substantial increase from last year’s $58 million.
This remarkable financial performance was unveiled at the South Pacific Stock Exchange (SPX) and is attributed to ATH’s enhanced operational efficiency and proactive market expansion. The company highlighted significant contributions from its operations in Papua New Guinea, Fiji, and Vanuatu. Despite challenges such as earthquakes in Vanuatu, the group managed to maintain a strong performance across different product segments.
Attar Singh, chairman of the ATH board, noted the telecommunications sector’s high capital intensity and the continuous demand for data in Pacific markets. To meet these demands, ATH has engaged in extensive planning and resource allocation. Looking ahead, ATH is focused on innovating and adapting to the evolving market landscape to continue delivering value to shareholders and stakeholders.
ATH’s revenue growth was mainly driven by its call revenue and data network and Internet revenue streams, which together contributed approximately $740 million. Through both wholly owned and jointly owned companies, ATH maintains a market presence in regions including Fiji, Papua New Guinea, Vanuatu, Kiribati, Samoa, American Samoa, Cook Islands, Australia, New Zealand, and Singapore.
As of the latest trading session, ATH is listed on SPX, with its shares trading at $1.99 each. The company’s previous financial year ending in 2024 saw revenues of $935 million, reflecting strong financial growth and strategic achievements, including the successful rollout of 5G technology. Despite global disruptions, ATH emerged resilient with significant growth and innovation prospects, backed by a market capitalization of $1.024 billion and a dominant market share of 27.86%.
These results not only underscore ATH’s robust financial health but also its commitment to leading the telecommunications sector in the Pacific through strategic growth, efficiency improvements, and innovative technology adoption. As ATH looks towards the future, there is a strong sense of optimism about tapping into new opportunities within the ever-changing telecommunications landscape.