Telecom

Telecom to review capital structure

Telecom to review capital structure

Telecom is to review its capital structure - having split from its New Chorus network business last week - in order to maintain a crucial "A-band" credit rating.

New Chorus, New Telecom shares trade well in debut

The shares of a split Telecom - into New Chorus and New Telecom - debuted on the New Zealand stock exchange yesterday, both trading well as investors topped up their holdings.

Telecom split under way with stock exchange listings

Telecom split under way with stock exchange listings

The Telecom demerger and company split begins today on the Australian stock exchange and on the New Zealand exchange on Wednesday.

Black Rock shows interest in Telecom

The world's largest asset management company, United States-based Black Rock, has grabbed a 5%, $250 million stake in Telecom after 16 of its global subsidiary companies purchased shares recently.

Telecom admits misleading broadband users over data

Telecom admits misleading broadband users over data

Telecom has admitted breaching the Fair Trading Act after misleading customers about the amount of broadband they used.

Telecom appeals price squeeze ruling

Telecom appeals price squeeze ruling

Telecom is appealing a ruling that saw it slapped with a massive $12 million fine last year for breaching the Commerce Act.

Breaking up not so hard to do?

Telecom did nothing to scare the markets when it released its demerger documents earlier this week. The vote to separate New Telecom and New Chorus seems a sure thing. Business editor Dene Mackenzie talks to analysts about the prospects for the two companies.

Verbiest to chair New Telecom

Verbiest to chair New Telecom

Professional director and former corporate lawyer Mark Verbiest will take over as chairman of Telecom when the separation of the company is completed.

Telecom tries to fly under radar

Telecom tries to fly under radar

Telecom yesterday followed the lead of past governments by releasing big news at the start of a major event, almost ensuring it will go unnoticed by the majority of shareholders.

Telecom boss a $5 million man

Telecom boss a $5 million man

Telecom chief executive Paul Reynolds was paid $5.1 million in the year to June, the company said today.

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