Vocus NZ makes inroads in broadband

Vocus NZ makes inroads in broadband
Paul McBeth
Vocus New Zealand made inroads into the gap between it and the major broadband players as it lifted first-half earnings 6 percent. The country’s third-largest retailer service provider operates the Slingshot, Orcon and Flip brands. It lifted its fibre broadband customer numbers 45 percent to 123,000 in the six months ended Dec. 31 from a year earlier, more than offsetting the 25 percent decline in copper customers to 82,000. Overall, broadband customers were up 6 percent at 204,000, and Vocus lifted its fibre market share to 14 percent fr...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.