Telecom New Zealand News

May 28, 2012 -- Telecom, a provider of communications services, has announced that CEO Paul Reynolds will leave the company effective June 30, 2012.

"The underlying drivers in the business are still strong. We experienced significant growth in data traffic across both mobile and fixed line, almost doubling year-on-year. She added that 100 mobile sites in urban and rural areas now support Dual Carrier HSPA+ technology - for the moment exclusive to Vodafone and delivering the fastest speeds on ... (more)

Chorus, the telecommunications network operator spun out of Telecom last year, will spend as much as $965 million over the next two years in the roll out of its ultra-fast and rural broadband networks.

Former Telecom New Zealand chief executive Theresa Gattung speaks to hundreds of women at the Women in Business in the 21st Century conference, hosted by the Queenstown Chamber of Commerce at Hilton Queenstown yesterday.

Telecom is pleased to announce that their customers can be one of the first to get their hands on the Galaxy SIII by pre-ordering the device from today at the Telecom website.

Telecom, which shed a heavy regulatory burden when it carved out its network unit Chorus last year, will trial new mobile technology to cash in on the government's plan to sell high-frequency spectrum when it switches off the analogue television network.

New Zealand's Telecom Corp Ltd is to start customer trials of fourth generation mobile technology later this year laying the groundwork for the eventual deployment of a network, the company said on Monday.

Telecom's share price was hammered when it was ordered to unbundle the local copper loop network.

Telecom chief executive Paul Reynolds will leave the phone company at the end of June after overseeing the structural split of its network business last year.

Outgoing Telecom CEO Paul Reynolds will step down on June 1 and leave the company on June 30, the end of its financial year.

New Zealand's Telecom Corp Ltd said on Thursday its incoming chief executive officer, Simon Moutter, will take the helm of the country's biggest telecommunications company on Sept.

There was pomp, there was ceremony, there were banquets and toasts , there were investors keen to discuss business with New Zealand, there were relationships started and deals done.

Chorus' share price plummeted 7.7 per cent after the Commerce Commission proposed slashing the monthly line rental telecommunications companies can pay to unbundle rural phone lines, while not raising the price in towns and cities.

Telecom's share of the telecommunications market slid to 52.7 per cent from 61.3 per cent during the six years to June 2011, according to a Commerce Commission report which laid bare the challenges that will be face Telecom chief-executive-in-waiting Simon Moutter.

New Zealand's Auckland Transport has announced trials of NFC based mobile payments for transport services in collaboration with Telecom New Zealand and Westpac credit card, along with technology providers, Gemalto, Thales and Paymark.