Three analysts' verdict on Telecom's $96.5m Revera deal
Company buys its way back into a big all-of-government tender.
Chris Keall Mon, 29 Apr 2013
Telecom is buying New Zealand data centre company Revera for $96.5 million.
Revera reported sales of $50 million in the year ended March 31, with earnings before interest, tax, depreciation and amortisation of $13 million, and expects to grow ebitda by 15% next year.