INDEPENDENT NEWS

Lines Company Returns $2.6 Million To Customers

Published: Fri 31 Mar 2000 03:49 PM
MEDIACOM-RELEASE-THE-LINES-COMPANY
LINES COMPANY RETURNS $2.6 MILLION TO CUSTOMERS
The Lines Company has today announced a further special discount to its 20,000 customers totalling $2.6 million.
Domestic customers in the former Waitomo Energy Services area are receiving an average special discount of $110, while those in the former King
Country Energy network area will get an average discount of $45. Larger customers will receive proportionately more. The difference in discount size takes into account the difference in profitability and ownership of shares in the two areas.
The latest special discount takes the total amount paid out by The Lines Company for the past financial year to almost $5 million.
"The size of the special discount for each customer is based on the amount they have paid in line charges and for contracting work over the past year," The Lines Company chairman, Bob Kidd said.
ENDS

Next in Business, Science, and Tech

New era for Air New Zealand’s International Network
By: Air New Zealand
Government invests in Te Reo, environmental data research
By: New Zealand Government
27 percent increase in Trades Academy places
By: New Zealand Government
NZ company fined NZ$36,000 for unsolicited messages
By: Department Of Internal Affairs
EDS calls for urgent action on marine management
By: Environmental Defence Society
E tū: changing times as Air NZ cuts London services
By: E tu
Te Hiku Media awarded $13 million for language platform
By: Te Hiku Media
Bridges' officials claimed failed tech 'transformational'
By: RNZ
Using Data to Give Our Rivers a Voice
By: Seed The Change
Satellite-based remote lake health monitoring solution
By: Seequent
Government announces next steps in skills gap plan
By: New Zealand Government
Jacinda Ardern - Speech to CTU biennial conference
By: New Zealand Government
ITF welcomes additional vocational training places
By: Industry Training Federation
More Trades Academy places good news for primary sector
By: Primary ITO
Supported employers key to trades training review says MTA
By: Motor Trade Association
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media