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PROJECTS & DEVELOPMENTS

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* The restructure of Telecom Fiji Limited was undertaken to enable TFL and its subsidiaries to effectively compete in a deregulated environment.

The advent of deregulation has resulted in a significant price reduction for services retailed by TFL and its subsidiaries which necessitated a reduction in operating costs of the company to ensure the economic viability of its entities. There was also a need to look at skill levels to ensure the staff of the group had the necessary technical skills needed to effectively compete in a deregulated environment.

To meet both these objectives, a redundancy programme was implemented and the cost to TFL for the financial year ended 31 March 2010 amounted to $4.7million.
Last Updated ( Monday, 28 February 2011 08:10 )