It's a good question - I don't recall any figures being given...

It's a good question - I don't recall any figures being given about the future contribution to NPAT from the US side of things. I'm not sure that it will be a step-change - Rene seemed pretty keen to downplay the existing NPAT of TNZI. My take is that the acquisition is all about 'becoming' a Tier 1 carrier, and the opportunities that brings to cross sell their higher margin products. At $100m TNZI revenue, improving margins by even a couple of points will look good for the group's NPAT.