Telecom New Zealand

Telecom New Zealand
legal form	Corporation
ISIN	NZTELE0001S4
founding	1987
Seat	Wellington and Auckland New Zealand
management	Wayne Boyd, chairman ; Paul Reynolds, CEO
Number of employees	about 8,500
sales	around 2.8 billion euros (2008)
Branch	Telecommunication , landline, cellular, internet
Website	www.telecom.co.nz

The Telecom New Zealand is based in Auckland and Wellington was with about 8,500 employees and a turnover of approximately 2.8 billion euros (2008) one of the largest mobile and telecommunications companies in New Zealand and Australia . The company was renamed Spark New Zealand on August 7, 2014 and the business areas were realigned.

history

The company was founded in 1987 and under its name was the largest company on the New Zealand Exchange by market capitalization . In addition to the NZX, the shares were also traded on the ASX and NYSE . Telecom New Zealand was listed in the All Ordinaries and in the NZX 50 Index . The main fields of business were fixed line and mobile telecommunications, including all associated services. The wholly owned subsidiary Xtra Limited was responsible for the internet business and was the largest internet service provider in New Zealand.

From 2008 onwards, the company was operationally divided into three areas:

Telecom Retail
Telecom Wholesale
Chorus (responsible for the internet business)

The market share in the mobile communications business was almost 70% in 1999 and only around 49% in 2007. The decline in the mobile communications business was due to the competitor Vodafone , which entered the market as Vodafone New Zealand at the end of the 1990s .

Web links

Telecom Anual Report - Business review . (PDF 738 kB)Telecom New Zealand, 2008, archived from the original onOctober 14, 2008; accessed on September 17, 2014(English, original website no longer available).

Individual evidence

↑ Helen Twose : Telecom opts for tale of two cities . In: New Zealand Herald . NZME. Publishing , June 29, 2007, accessed May 19, 2019 .
^ Telecom Board of Directors
↑ Annual report with all the facts and figures on Telecom New Zealand ( Memento from October 14, 2008 in the Internet Archive ) (PDF)
^ Spark New Zealand Limited . Companies Office , accessed September 17, 2014 .

[NZ_Herald_2007_06_29-1] Helen Twose : Telecom opts for tale of two cities . In: New Zealand Herald . NZME. Publishing , June 29, 2007, accessed May 19, 2019 .

[2] Telecom Board of Directors

[3] Annual report with all the facts and figures on Telecom New Zealand ( Memento from October 14, 2008 in the Internet Archive ) (PDF)

[comoff_1-4] Spark New Zealand Limited . Companies Office , accessed September 17, 2014 .