
Second day of falls for NZ shares
New Zealand shares fell for a second day as the kiwi dollar's slide to a four-year low sapped overseas investor appetite for high-yielding stocks.
New Zealand shares fell for a second day as the kiwi dollar's slide to a four-year low sapped overseas investor appetite for high-yielding stocks.
Spark New Zealand director Maury Leyland will resign from the telecommunications company's board from the end of next month.
Spark chief executive Simon Moutter is parting on great terms with his No 2 executive Chris Quin with appreciation "for a job well done".
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
Spark is giving away its subscription video-on-demand service Lightbox to broadband subscribers to encourage people towards online entertainment and uncapped broadband deals.
Vodafone is on "shaky ground" in raising its fibre internet prices along with copper-line broadband charges, says InternetNZ.
The country's three biggest internet companies are planning to charge customers more from next month and the general manager at one of them doesn't think broadband will ever be as cheap as it was....
Online TV service Lightbox and Coliseum Sports Media have signed a 50:50 partnership but at this stage they are not promising lower prices.
Vodafone and Spark chiefs Russell Stanners and Simon Moutter have put aside competition to partner up and build the transtasman telecommunications cable along with Telstra.
Spark Telecommunications company Spark under the strong leadership of Simon Moutter has this year reclaimed the top spot as the most valuable company on the NZX.
Some Aucklanders were without broadband for up to 12 hours after a fault with Chorus cut the internet connection.
An issue with broadband electronics was behind the outage that caused 15,000 Auckland households to lose internet overnight.
Chorus shares rose to a 13-month high after the Comcom lifted the price it can charge for access to its copper lines.
Everyone's poring over the Commerce Commission's draft decision on ye olde copper phone line network. And no one's happy.
Spark has warned that its prices could rise after the Commerce Commission this morning proposed a new wholesale rate that Chorus can charge retailers.
Simon Moutter talks about how he's navigating Spark through a period of unprecedented disruption in the telecommunications industry.
New Zealand's mobile phone sector is performing well on an international basis, with competitive pricing and good mobile coverage, according to a report by the New Zealand Institute of Economic Research.
Spark New Zealand has got closer to Chinese telecommunications vendor Huawei Technologies in an expanded deal.
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.
Spark is "confident" its internet-based television service Lightbox has enough to offer to see off any challenge from the US streaming giant.
Spark, formerly Telecom, says there are early signs that its rebranding has been successful.
Spark says it is nearing the end of the first phase of its transformation from a traditional telco to a digital services business.
NZ’s chief censor is mulling charges against Slingshot and Orcon, which both give customers access to websites with movies that could be either unclassified or banned.