Stories by Pattrick - Page 6

NZ govt proceeds with 4G auction despite 2degrees' plea, selling unsold 700MHz blocks. Telecom and Vodafone vie for additional spectrum.

Vector challenges telcos' bid for more 4G spectrum, citing a need for wider access, including sectors like energy and health.

Telecom Corp introduces performance-linked equity grants for top managers to drive profit growth amid a focus on digital ventures.

Moody's reviews Chorus for downgrade after regulator slashes copper line charges, heightening financial pressure on the telecom.

Telecom gears up for 4G expansion, bidding for 700MHz spectrum to enhance rural connectivity and bolster its network.

Wall Street sees a drop in Apple shares amid disappointment about its two latest iPhone products, while investors snap up record Verizon Communications bonds.

The government will be seeking a minimum of $198 million for the rights, which are expected to be fought over by Telecom, Vodafone, and 2degrees.

Telecom Corp announces continuous cost-cutting after a slight earnings drop and intense market competition, aiming for mobile leadership.

Sky TV has inked a deal with Vodafone, merging separate resale and distribution agreements, boosting Sky TV shares by 1.3% to NZD $5.30.

Adams proposes using copper prices to support NZ's leap to fibre broadband, aiming for a modern, competitive services landscape.

2degrees posts its first positive EBITDA of $4.4m, signalling a strong market position against rivals after 3 years of losses.

Citrix Systems NZ acquires Wellington-based Beetil for $4.5m, expanding its IT support services and integrating Beetil's proficient team.

Govt ponders creating a cyber security group to bolster public defences against rising web crimes, signifying a proactive approach to online safety.

Vodafone lost a net 7,000 mobile customers in the first three months of the year, its ninth straight quarterly decline.

Vodafone New Zealand's general counsel David Kreider retains his NZD $541,000 salary after a ruling found his role unchanged despite a corporate restructure.

Telecom's Gen-i has agreed to sell its Davanti Consulting business in a management buy-out the latest step to trim down IT services unit.

Telecom said annual earnings will be at the low end of guidance because of competition in fixed-line sales and a margin squeeze at its Gen-i unit.

Datacom is selling its Asian call centres to Convergys for $A20 million, with 1,000 employees joining Convergys.

Telecom Corp announces up to 1,230 job cuts in a £110m cost-cutting drive, despite launching new ultrafast broadband services.

Trade Me is offloading its group-buying site Treat Me, with a management-led consortium set to take control next month for an undisclosed sum.