Telecom

Telecom rating downgrade flagged

Telecom faces a one to two notch credit rating downgrade from Standard & Poor's when it separates the network arm from the rest of its business.

More Commerce Commission trouble for Telecom

The Commerce Commission says it is to issue proceedings alleging a failure by Telecom to provide a service to other companies caused serious harm to competition in telecommunications markets and reduced the financial feasibility of unbundling local exchanges.

Company chief declares interest in staying on

Company chief declares interest in staying on

Telecom managing director Paul Reynolds has no plans to leave the company or New Zealand despite this week pulling off one of the most profound changes of any global telecommunications companies.

Telecom fortunes in flux

What a difference a year has made for Telecom. This time last year, the Otago Daily Times reported the company's share price had plunged to a new low of $1.90 as uncertainty about the future structure of the once blue chip company set in.

Telecom splitting into two this year

Telecom New Zealand will split into two companies by the end of 2011, after the announcement yesterday its network arm Chorus will build nearly three-quarters of the Government's ultra-fast broadband network.

Telecom surges after broadband decision

Telecom surges after broadband decision

Shares in Telecom surged after an announcement that the company's network arm Chorus would build nearly 70 percent of the Government's ultra fast broadband initiative.

Telecom wins big in broadband deal

Telecom wins big in broadband deal

Telecom has won the bulk of the contract to roll out an ultra fast broadband (UFB) network, the Government has announced.

Telecom trims capital expenditure forecast

Telecom trims capital expenditure forecast

Telecom has reduced its full-year capital expenditure forecasts in the latest trading outlook released yesterday.

Telecom fined record $12 million

Telecom fined record $12 million

Telecom has been fined a record $12 million by the High Court in Auckland for anti-competitive practices.

Changes for Telecom

Changes for Telecom

Telecom yesterday played a strong card in its pursuit of winning the major contracts to provide the Government's ultra-fast broadband (UFB) initiative throughout the country.

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