Telecom 'fast, fair and fearless' restructure will have 'material' impact

Thu, 21 Feb 2013

By Paul McBeth Feb. 22 (BusinessDesk) - Telecom Corp's annual earnings face a material impact from a major overhaul of the business to become a data-driven and mobile-focused telecommunications operator, stripping out more costs and getting away from its old structure. Chief executive Simon Moutter told an analysts' briefing that Telecom's structure is still based on its vertically integrated history as both network owner and retailer, before the split that saw network company Chorus established as a standalone entity. Telecom now needs a r...

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