Latest business technology news and opinion from BusinessDesk.

BRIAN GAYNOR: ASX investors want our growth companies
Brian Gaynor | Fri, 14 Aug 2020

Ryman Healthcare shareholders were taken aback this week by a couple of short replies to the following question: “Does the company intend to seek a listing on the ASX?”

Plexure may shift primary listing to ASX
Rebecca Howard | Wed, 29 Jul 2020

Plexure Group is firming up plans for an initial public offering, potentially shifting its primary listing across the ditch. “As the company requires significant capital for its next phase of growth, investigations into a move to the ASX are based on capital availability and s...

IkeGPS to raise $20m to fund US growth
Dan Brunskill | Tue, 28 Jul 2020

Utility measurement firm IkeGPS will raise almost $20 million of equity after winning one of the largest communications infrastructure companies in the United States as a customer. The capital raising will be made up of an institutional placement of approximately 14 million sh...

Telcos criticise Chorus price rise
Victoria Young | Thu, 09 Jul 2020

Broadband retailers have expressed disappointment over Chorus’ plan to increase wholesale broadband prices, saying now is not the time. While it had delayed its usual price hike on March 23 as the country went into lockdown, yesterday Chorus said from October 1 it will impleme...

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.

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