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Telecom NZ kept on S&P's credit watch

Credit ratings agency Standard & Poor's has kept Telecom NZ (ASX:TEL) on its CreditWatch list for a possible downgrade, due to the implications of the Chorus demerger.

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Chorus kicks off UFB construction

Telecom NZ’s (ASX:TEL) Chorus division has kicked of construction of the Ultra Fast Broadband (UFB) initiative following its contract win in May to deploy fibre in 24 of the 33 candidate areas.

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Telecom NZ begins hunt for new CEO

Telecom New Zealand (ASX:TEL) has kicked off the search for a new chief executive to replace the telco's outgoing head, Paul Reynolds.

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Chorus signs contracts for NZ broadband construction

Visionstream and Downer have signed contracts with Chorus in New Zealand for construction of the country’s Ultra Fast Broadband (UFB) network in the greater Auckland region.

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