'Difficult decision' to close NZ operations for Verizon Connect

'Difficult decision' to close NZ operations for Verizon Connect
The company was formerly Telogis until it was acquired by Verizon in 2016. (Image: NZME)
Murray Jones
Verizon Connect has begun to explore closing its New Zealand operations. Formerly Telogis, the fleet-management software company based in Christchurch, has around 120 employees. The company was profitable, with revenue of $35.7 million and profit of $3.7m for the year ended Dec 31 2023, up from $1.8m the year prior. BusinessDesk understands staff were told in a meeting this morning at the office on Victoria Street in central Christchurch. 'Business strategy'A Verizon spokesperson said: "Verizon Connect began ope...

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