Stuff exits fibre, electricity investments

Thu, 14 May 2020

Stuff has sold its fledgling broadband business, Stuff Fibre, to Australian-owned telco Vocus and confirmed the sale of its stake in power retailer Energyclubnz to management as it turns its attention back to its core businesses.The media group has been the subject of an on-again off-again takeover campaign by suitors including NZ Herald publisher NZME, after being put on the market by owner Nine Entertainment Co.NZME this week announced it had sought urgent legislation from the government to enable a deal, in whic...

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