In brief: Telecom fined $12m by NZ High Court
Telecom [ASX:TEL] has been fined $12 million by the High Court of New Zealand after the Commerce Commission alleged the telco had breached the Commerce Act through high-speed data pricing.
View ArticleTelecom NZ executive team shuffle
Telecom NZ (ASX:TEL) has overhauled its executive team with a number of key appointments and reduced the team from 10 to eight.
View ArticleTelecom NZ looks to boost "free cash", reduce capex
Highlights of the January-March quarter for Telecom include Gen-i winning the Fletcher Building mobile contract from Vodafone, an increase in the dividend from the Southern Cross cable to $NZ23...
View ArticleTelecom NZ finally scores piece of UFB project
Telecom NZ (ASX:TEL) has finally secured a piece of the ultra fast broadband (UFB) initiative with the telco’s Chorus business chosen to deploy fibre in the remaining 24 of the 33 candidate areas.
View ArticleTelecom NZ profits take a 56.8% dive for FY11
Telecom New Zealand has posted a significant 56.8 per cent drop in net profits to $NZ164 million ($AU130.86 million) for the year ending 30 June 2011.
View ArticleTelecom NZ kept on S&P's credit watch
Credit ratings agency Standard & Poor's has kept Telecom NZ (ASX:TEL) on its CreditWatch list for a possible downgrade, due to the implications of the Chorus demerger.
View ArticleChorus kicks off UFB construction
Telecom NZ’s (ASX:TEL) Chorus division has kicked of construction of the Ultra Fast Broadband (UFB) initiative following its contract win in May to deploy fibre in 24 of the 33 candidate areas.
View ArticleTelecom NZ CEO to quit following demerger
Telecom NZ (ASX:TEL) has confirmed its chief executive officer, Dr Paul Reynolds, will leave the company next year following its demerger process and rebranding as New Telecom.
View ArticleGen-i to provide Westpac NZ data centre services
Telecom New Zealand (ASX: TEL) subsidiary, Gen-i, has extended its existing IT contract with Westpac NZ to include data centre services.
View ArticleNZ approves Telecom's open access plan
New Zealand's telecom ministry has approved Telecom NZ's (ASX:HVN) modified pledge to provide open access to the nation's public-private broadband networks.
View ArticleNZ Telecom seals Chorus demerger
Telecom New Zealand (ASX:TEL) has completed the demerger of its Chorus division, making way for its participation in the country’s Ultra-Fast Broadband (UFB) initiative.
View ArticleTelecom NZ begins hunt for new CEO
Telecom New Zealand (ASX:TEL) has kicked off the search for a new chief executive to replace the telco's outgoing head, Paul Reynolds.
View ArticleTelecom NZ cuts 120 at Gen-i Australia
Telecom NZ has slashed 120 Australian jobs at its ICT services unit, Gen-i Australia, as the division refocuses on large customers.
View ArticleTelecom NZ to expand cloud with Revera acquisition
Telecom NZ has agreed to pay $96.5 million to acquire IT infrastructure and data centre company Revera Limited in a move meant to deepen the telco’s range of cloud services for business customers.
View ArticleTelecom NZ completes Revera acquisition
Telecom New Zealand has announced it has completed its acquisition of data centre and infrastructure services provider Revera.
View ArticleGovt mulls changes to telco obligations
New Zealand's communications minister, Amy Adams, has issued a discussion paper that canvasses changes to the Telecommunications Service Obligations which mandates Telecom provides a minimum level of...
View ArticleTelecom to commercialise national Wi-Fi network
Telecom New Zealand, which has been in the process of transforming selected public phone boxes into Wi-Fi hotspots, will have 700 of them live by October 7, with 2000 hotspots expected to be live by...
View ArticleVodafone unlikely to buy out Hutchison's VHA stake: Morrow
A possible sale by Telecom NZ of its stake in Hutchison Telecom Australia (HTA) could be responsible for recent jumps in HTA’s share price, according to Vodafone Hutchison Australia CEO Bill Morrow.
View ArticleAAPT buy could build TPG’s business market: analyst
The purchase of AAPT by TPG Telecom (ASX: TPM) could see the ISP grow its business market and take advantage of AAPT’s fibre assets, says independent telecommunications analyst Chris Coughlan.
View ArticleVocus buys submarine cable capacity from Telecom NZ
Vocus has paid Telecom NZ nearly $2.5 million to acquire 10 per cent interest in the Sea-Me-We 3 cable between Perth and Singapore.
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