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Latest business technology news and opinion from BusinessDesk.

Rakon shares climb as earnings beat guidance
Paul McBeth | Mon, 29 Jun 2020

Rakon shares rose 9.6 percent after the telecommunications component maker reported better than expected earnings and said the outlook, while murky, was generally positive.The company reported underlying earnings before interest, tax, depreciation and amortisation of $14.8 millio...

Telcos want more from existing networks – Huawei
Paul McBeth | Tue, 02 Jun 2020

The covid-19 outbreak has put the brakes on investing in new 5G mobile telecommunications networks, and operators are trying to get more out of their existing networks. That’s provided a small boon to telecommunications equipment maker Huawei Technologies New Zealand, which is...

Xero's customer resilience will determine near-term future
Jenny Ruth | Tue, 26 May 2020

Xero's immediate future is inextricably tied to how well existing and potential customers in its major markets fare through the coronavirus crisis.

Microsoft steals march on rivals with NZ datacentre plans
Paul McBeth | Wed, 06 May 2020

Microsoft is getting in ahead of its rivals with plans to launch a new datacentre region in New Zealand, paving the way for better local access to cloud services.

IkeGPS to post record revenue
Staff reporters | Tue, 14 Apr 2020

Utilities measurement company IkeGPS said its full year revenue for the year to March 31 was a record $9.8 million and up around 23 percent on the year, while gross margin was approximately $7.1 million in the 12-month period, up around 33 percent on the year.Its total cash and r...

Founder exits vital to $34 billion value created by NZ ‘unicorns’, says Callaghan
Pattrick Smellie | Sun, 07 Apr 2019

By Pattrick Smellie April 8 (BusinessDesk) - Company founders’ willingness to sell to a new owner or welcome new shareholders has been vital to New Zealand businesses that have created around $34 billion of value in the last 15 years, says a new report from Callaghan Innovatio...

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