'Difficult decision' to close NZ operations for Verizon Connect

The company was formerly Telogis until it was acquired by Verizon in 2016. (Image: NZME)

Wed, 23 Oct 2024

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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