Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Listed Companies
Chorus suspends Clearvision from working on UFB network
By Rebecca Howard May 31 (BusinessDesk) - Chorus has suspended subcontractor Clearvision Communications from working on its ultrafast broadband network after the Employment Relations Authority found several breaches of employment standards. “Given the authority’s determin...
Services
WEL doubles full-year profit on strong power, fibre connection growth
By Gavin Evans May 31 (BusinessDesk) - WEL Networks more than doubled its full-year profit as expansion of its fibre business boosted revenue and growth in the Waikato region increased residential connections and commercial volumes. Net income rose to $31.5 million in the y...
Listed Companies
ComCom to assess whether Vodafone purchase would increase Infratil's market power
By Jenny Ruth May 31 (BusinessDesk) - The Commerce Commission says it currently expects to make a decision on Infratil’s application to buy up to 50 percent of shares in Vodafone New Zealand by July 15, although that may be extended as its investigation progresses. “The com...
Economy
Budget 2019: Govt sets aside funds for new cyber security strategy
By Paul McBeth May 30 (BusinessDesk) - The government will spend $2 million a year to support the roll-out of a cyber security strategy among a raft of new spending in the virtual space. That’s in the shadow of a budget leak by the opposition National Party, which took adva...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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