Infratil wants Vodafone free to chase domestic strategy

Infratil wants Vodafone free to chase domestic strategy
Paul McBeth
By Paul McBeth May 14 (BusinessDesk) - Vodafone New Zealand's incoming shareholder wants the country's biggest mobile carrier free to pursue a domestic strategy rather than be beholden to the dictates of a multinational owner.  Infratil has been seeking out a high-quality telecommunications investment since chief executive Marko Bogoievski joined the infrastructure investor more than a decade ago. The firm, managed by HRL Morrison & Co, finally found one in the form of the $3.4 billion Vodafone New Zealand deal, which Bogoievski said refl...

More Listed Companies

Millennium & Copthorne plans new hotel in Whangārei CBD
Listed Companies

Millennium & Copthorne plans new hotel in Whangārei CBD

The company has a site under contract for $2.24 million.

How ‘shareholder value’ became a Wall Street mantra
Policy

How ‘shareholder value’ became a Wall Street mantra

Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?

Bloomberg 13 Apr 2024
How many boards should a director sit on?
Listed Companies

Simon Robertson: How many boards should a director sit on?

An attempt to judge the composition trends in NZX boards is challenging.

Simon Robertson 13 Apr 2024
Wellington council picks Precinct for major civic square project
Property

Wellington council picks Precinct for major civic square project

Firm will fund and build the new five-star green building.

Staff reporters 11 Apr 2024