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ComCom could deliver $750M to consumers after High Court win, says Franks

ComCom could deliver $750M to consumers after High Court win, says Franks

By Pattrick Smellie Dec. 20 (BusinessDesk) – The Commerce Commission should act swiftly to capitalise on the High Court’s findings in its favour on monopoly network pricing to deliver consumer benefits worth perhaps $750 million over the next six years, says Wellington barriste...

19 Dec 2013
Telecom NZ mulls sale of 60 percent  stake in Cook Islands joint venture

Telecom NZ mulls sale of 60 percent stake in Cook Islands joint venture

By Tina Morrison Dec. 20 (BusinessDesk) – Telecom Corp, New Zealand’s biggest telecommunications company, is considering selling its 60 percent stake in its Telecom Cook Islands joint venture. No decision has been made yet on whether to proceed, Auckland-based Telecom said in...

19 Dec 2013
Abano 1H profit at top of forecast, despite weak Aussie dollar crimping revenue

Abano 1H profit at top of forecast, despite weak Aussie dollar crimping revenue

Dec. 20 (BusinessDesk) - Abano Healthcare, the healthcare investor which last month fended off its third takeover bid in the past five years, reported first-half profit at the top of its forecast range, even as a weak Australian dollar trimmed revenue from across the Tasman. Ne...

19 Dec 2013