Telecom has boosted demerger incentives for stockholders, doubling the consent fee to 0.5% and adjusting interest rates to address credit rating concerns.
Telecom's hefty split plan spills benefits worth £380m, sparking a buzz among shareholders ahead of October's decisive vote.
Another week, another announcement of a UFB 'first'. This time it's the first schools to be connected to the embryonic Government-funded network.
Paul Reynolds to exit as Telecom CEO, hailed for averting company's decline and securing its future in NZ's Ultra-Fast Broadband scheme.
The government has approved Telecom's separation plan, leaving only one more step in the demerger between the giant telco and its network arm, Chorus.
Despite this week's big announcements about national and international connectivity, benefits to broadband consumers are still some time away.
As Telecom releases details of its asset split, Paul Reynolds' future with the company after its de-merger remains unclear.
Telecom releases documents outlining plan to separate from Chorus for government's Ultra-Fast Broadband initiative.
Mark Ratcliffe retains CEO role post-Chorus de-merger, ensuring leadership continuity for the network arm as shareholders vote.
The Telco Bill stirs controversy over the $1.35bn Ultrafast Broadband initiative, despite assurances of improved rural school connectivity.
Labour opposes Telecom bill, claiming it allows the company to overcharge; predicts higher charges and poorer service for customers.
NZ's government passes UFB law, marking a leap towards innovative economy and sparking debate over Telecom's advantage in the broadband rollout.
The telco reform law has passed its next stage in Parliament, but not before receiving a caustic critique from political veteran Sir Roger Douglas.
Electricity Ashburton outpaces Chorus in bringing Ultra Fast Broadband to Ashburton's CBD, enhancing local connectivity.
Telecom will hold a shareholder vote on October 26 to confirm its demerger from Chorus, with the separation expected to complete by November 30 if approved.
Telecom CEO Paul Reynolds to resign after finalising company's demerger, marking an 'important era' for the firm and New Zealand's telecom landscape.
Telecom has written off USD $257 million in asset impairments due to Ultra Fast Broadband upgrades, yet still saw a 1.6% rise in net earnings.
Labour slams Telecom for monopolistic practices, demands tighter regulations. Clare Curran criticises secretive UFB deal process, proposes network regulator.
Telecom reshuffles execs amid Chorus demerger to enhance UFB and RBI efforts, aiming for sharper customer focus, says CEO Reynolds.
The Commerce Commission is to issue proceedings alleging that Telecom is likely to have discriminated under the Telecom Separation Undertakings.
