News about telecom
  • Telecom shareholders approve demerger

    New Zealand Telecom (ASX: TEL) shareholders have overwhelmingly voted in favour of demerging its infrastructure business Chorus to allow the company to participate in the country’s Ultra-fast Broadband Network (UFB) project.

  • NZ Govt approves Telecom assets split

    The New Zealand Government has approved the first major step in Telecom’s proposed demerger process, following the decision to agree to the national telco’s plan to split its assets after structural separation.

  • Chorus announces post-Telecom management team

    Confident about the prospect of a successful demerger from Telecom New Zealand (ASX:TEL), Chorus has already announced its proposed new executive management team.

  • Telecom full year earnings up 1.6 per cent

    New Zealand's Telecom is reporting adjusted full year earnings up 1.6 per cent to $NZ388 million ($A309.61 million), as it works toward splitting off its Chorus unit after the company was chosen to partner the Crown in its ultrafast broadband program for most of the country.

  • Telcos and data centre providers rally in Christchurch, NZ

    As the recovery of Christchurch, New Zealand, continues in the wake of last week’s earthquake, telecommunication providers and data centre operators in the country have re-established operations and are now fund raising for victims.

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