Telco investment has hit $1.7 bln a year, upbeat industry report says

Wed, 10 Feb 2016

By Fiona Rotherham Feb. 11 (BusinessDesk) - Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. The report by industry lobby group, the New Zealand Telecommunications Forum (TCF), said the sector is performing well above its international competitors in several ways, including the fastest fibre uptake in the developed world, with a 250 percent increase in total fibre connections in the year e...

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