Telecom

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.

Telecom investors rattled by announcements

Telecom investors appeared spooked by announcements coming out yesterday regarding the change of leadership, separation details, the shares going ex-dividend and a credit rating update.

Telecom appoints three women to board

Telecom appoints three women to board

Telecom has risen to the recent challenge by NZX chief executive Mark Weldon to include more women on boards of listed companies by appointing three to the board of New Chorus.

Telecom chief announces resignation

Telecom chief announces resignation

Telecom's chief executive Paul Reynolds will leave the company in 2012, the telco confirmed today.

Telecom split approved by minister

Telecom split approved by minister

The Government yesterday gave Telecom approval to split its assets after structural separation, described by Communications Minister Steven Joyce as the first major step in the proposed demerger process.

Telecom's adjusted earnings up 2.1%

In an increasing trend for reporting companies this season, Telecom yesterday adjusted its profit to make it seem better than it was in the year ended June.

Telecom profits take big dive

Telecom profits take big dive

Telecom, which plans to carve itself in two to tap government funding for a national broadband network, wrote down the value of its ageing copper lines by $257 million, more than halving the company's annual profit.

Has Telecom done the right thing ditching its 'abstain' campaign?

Yes. It was a poor choice and embarrassing to New Zealand No. It was a light-hearted campaign that showed off Kiwi humour

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