All News

Ericsson to open manufacturing plant in Wellington

Ericsson to open manufacturing plant in Wellington

Feb. 21 (BusinessDesk) - Swedish telecommunications giant Ericsson is to open a new manufacturing facility in Wellington, helping to offset a wave of job losses announced for the capital in recent weeks. The firm, which is a supplier to the government-backed ultra-fast broadband...

21 Feb 2013
4G spectrum auction in third quarter, no iwi allocation

4G spectrum auction in third quarter, no iwi allocation

Feb. 21 (BusinessDesk) - The government will auction allocations for the radio spectrum band being set aside for fourth-generation, or 4G, mobile phones in the third quarter of the year, but won't have a sweetener for iwi. Communications Minister Amy Adams said the auction proc...

21 Feb 2013
AMI underpins 40 percent lift in IAG's New Zealand premium revenue

AMI underpins 40 percent lift in IAG's New Zealand premium revenue

By Paul McBeth Feb 21 (BusinessDesk) - Insurance Australia Group's $380 million purchase of the beleaguered AMI Insurance helped boost the firm's New Zealand premium revenue by 40 percent in its first half. The New Zealand unit, the country's biggest underwriter across the NZI...

21 Feb 2013