Telecom has reach a settlement with the Commerce Commission over its wholesale loyalty offers and will pay out $1.6m to its competitors Vodafone and Orcon.

Telecom has put the brakes on signing up a new IT supplier citing the uncertainty around the company's future structure.

Mobile company 2degrees has decided to rejoin the Telecommunications Carriers' Forum, 13 months after it pulled out.

A planned high-speed fibre link between New Zealand, Australia and the US has been given a boost with the emergence of several high profile investors.

The Business Herald's executive pay survey shows the number of chief executives being paid more than $1 million jumped from 26 to 32 between 2008 and 2009.

Remuneration for top executives continues to grow faster than for ordinary workers.

The Commerce Commission has has ordered Telecom to refund customers over a Fair Trading Act breach.

Vodafone says it will honour its Red Network pricing plan after complaints of misleading ads and overcharging were brought to light.

Customers say problems with Vodafone's broadband service extend beyond an online tool that offered discounts to people who were later charged full price.

Vodafone has been accused of offering some broadband customers discounts and later charging them full price.

In the next few weeks many bidders to take part in the Govt-backed rollout of a high-speed broadband network will be knocked out of the game.

At the height of Telecom's problems with its XT mobile network and 111 access, it kept the public in the dark about faults.