Telco fight breaks out over covid-19 'wall of bad debt'

Telco fight breaks out over covid-19 'wall of bad debt'
Pattrick Smellie
Monopoly telecommunications infrastructure provider Chorus is coming under intense pressure from retailers Spark, Vodafone, 2degrees and others to shoulder more of the unpaid bills that the sector sees coming at it in coming months.BusinessDesk has been told of heated scenes at a meeting of the Telecommunications Carriers Forum in Auckland last Friday after Chorus pushed back vigorously on the retailers' demand that it should accept 50 percent of what one telco executive has dubbed the "wall of bad debt." The sector expects customers won't be a...

More Economy

Independent review warm on ACC investment arm but eyes risk
Economy

Independent review warm on ACC investment arm but eyes risk

A review of ACC’s investment arm issues warm findings but homes in on risk factors.

Staff reporters 25 Jul 2025
Tariff-led fall in NZ export demand less than in GFC: RBNZ
Economy

Tariff-led fall in NZ export demand less than in GFC: RBNZ

RBNZ's Paul Conway concluded that global supply chains were becoming less efficient.

Staff reporters 24 Jul 2025
Northland targets $60b regional economy by 2050
Primary Sector

Northland targets $60b regional economy by 2050

The bullish goal represents a six-fold increase over 2024 figures.

Oliver Lewis 24 Jul 2025
No sign 10% tariff will increase but uncertainty remains: Mfat
Economy

No sign 10% tariff will increase but uncertainty remains: Mfat

Ongoing uncertainty is of concern for New Zealand exporters, an Mfat spokesperson says.

Rebecca Howard 24 Jul 2025