Stories by Pattrick - Page 3

New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.

Spark New Zealand and Vodafone, New Zealand's two dominant telecommunications providers, in partnership with Australian provider Telstra, will spen.

New Zealand shares fell, snapping four days of gains, led by Genesis Energy, Meridian Energy and MightyRiverPower as investors looked to crystalise.

Renaissance Corp shareholders might wait until June for payouts following company liquidation discussions, amidst wrapping up affairs.

NZ retailers trail in internet adoption, risking productivity, reports Internet NZ and Google study. Economy could gain £34bn with full potential utilised.

Court Appeal finds Kim Dotcom's 2012 arrest warrants valid despite flaws, but illegal for NZ police to share cloned info with US FBI.

NZ's shift from landlines to mobiles rattles telcos, as census reveals deep cuts into traditional revenue streams.

Telecom sells Australian AAPT unit to TPG Telecom for AUD $450 million, exceeding expectations. The move aligns with its focus on NZ operations.

2degrees urges Commerce Commission to block 4G spectrum sale to rivals Vodafone and Telecom, fearing stifled competition.

NZ govt proceeds with 4G auction despite 2degrees' plea, selling unsold 700MHz blocks. Telecom and Vodafone vie for additional spectrum.

Vector challenges telcos' bid for more 4G spectrum, citing a need for wider access, including sectors like energy and health.

Telecom Corp introduces performance-linked equity grants for top managers to drive profit growth amid a focus on digital ventures.

Moody's reviews Chorus for downgrade after regulator slashes copper line charges, heightening financial pressure on the telecom.

Telecom gears up for 4G expansion, bidding for 700MHz spectrum to enhance rural connectivity and bolster its network.

Wall Street sees a drop in Apple shares amid disappointment about its two latest iPhone products, while investors snap up record Verizon Communications bonds.

Rakon faces a staggering USD $54 million net loss for 2014 due to a USD $37 million write-down on its Chinese investment, causing shares to plummet 8.7%.

The government will be seeking a minimum of $198 million for the rights, which are expected to be fought over by Telecom, Vodafone, and 2degrees.

Telecom Corp announces continuous cost-cutting after a slight earnings drop and intense market competition, aiming for mobile leadership.

Sky TV has inked a deal with Vodafone, merging separate resale and distribution agreements, boosting Sky TV shares by 1.3% to NZD $5.30.

Adams proposes using copper prices to support NZ's leap to fibre broadband, aiming for a modern, competitive services landscape.