Telecom New Zealand (ASX:TEL) has made good on its plans to become a player in New Zealand’s Ultra-Fast Broadband network submitting a “refined proposal” to the New Zealand Government on how it would help deliver the proposed fibre to the home network.
This afternoon iiNet chief financial officer David Buckingham took questions from the media on <a href="http://delimiter.com.au/2010/07/30/iinet-buys-aapts-consumer-division-for-60m/">the telco's $60 million acquisition of the retail customers of Telecom New Zealand subsidiary AAPT</a>. You can listen to the conversation in this audio file of the teleconference.
Telecom New Zealand (ASX:TEL) has announced the $9.9 million sale of its stake in Macquarie Telecom .
AAPT has reported a $130 million decline in revenues to $668 million for the nine months to 31 March with almost across the board drops.
Telecom New Zealand (ASX: TEL) has been given the all clear to begin exploring the commercial viability of VDSL in New Zealand following a favourable Commerce Commission ruling on the use of the technology by the company in the provision of its wholesale broadband services.
Telecom New Zealand has revised its financial guidance for the financial year 2011 through 2013 to reflect the impact of several regulatory and market factors.
Telecom New Zealand (ASX:TEL) has waved the angry stick at Alcatel Lucent for its ongoing problems with its XT mobile network.
ASX-listed Telecom New Zealand (ASX:TEL) has invested NZ$3 million a day over the last financial year as part of a five-year plan to transform the company, according to its chairman, Wayne Boyd.