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BEAM WIRELESS SERVICES

SURPLUS SHOWN LAST YEAR

Australian Pres3 Association—United Serried ;

(Received 29th January, 2 p.m.)

LONDON, 28th January. , According to tho Audit-General's coy- ' oring report on the Post Office accounts '\ for the year ended 31st March, 1028, .5 the four beam wireless stations showed '"■ a combined net surplus of £89,473. On the contrary the Imperial Atlantic • Cable showed a loss of £32,696, partly i clue to beam competition. The beam } wireless surplus reduced the deficiency; .* of other wireless activities. Tho out- { come of all wireless services was a ds- i: fieit of £28,447 or 4.97 per cent, of the i total income, compared with £.1,404,- } 463 or 39.57 per cent, for the previous year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19290129.2.108.4

Bibliographic details

Evening Post, Volume CVII, Issue 24, 29 January 1929, Page 12

Word Count
115

BEAM WIRELESS SERVICES Evening Post, Volume CVII, Issue 24, 29 January 1929, Page 12

BEAM WIRELESS SERVICES Evening Post, Volume CVII, Issue 24, 29 January 1929, Page 12