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29 Apr 2024

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TeamTalk, CityLink to rebrand as Vital
TeamTalk is ditching its name and that of its fibre business, CityLink, and rebranding both Vital

TeamTalk plans placement, rights offer to raise $8.7M
Telecommunications provider TeamTalk is planning to raise up to $8.7 million to help fund the expansion of its digital radio network and the upgrade of its Wellington fibre business

TeamTalk keeps dividends on hold, ploughs earnings growth into network upgrades
TeamTalk shares fell 2.2 percent after the company said it will reinvest earnings growth into network upgrades during the next two years

TeamTalk, unshackled from Farmside, lifts first-half profit 59%
TeamTalk lifted first-half profit 59 percent as the telecommunications group benefited from selling a controlling stake in the unprofitable rural broadband services provider Farmside

TeamTalk chief Andrew Miller backs reinvestment to generate sustainable dividends
TeamTalk chief executive Andrew Miller would prefer to see the telecommunications firm's earnings poured back into the business to build sustainable returns to shareholders

TeamTalk says full-year profit was $4.7M-$5.1M, more than twice guidance, on Vodafone deal
Network provider TeamTalk says full-year profit was more than double the guidance it gave in March, largely reflecting the sale of 70 percent of BayCity Communications to Vodafone New Zealand

TeamTalk shareholders agree to $10m Vodafone deal
TeamTalk shareholders have approved the partial sale of the NZX-listed telco to Vodafone, thwarting a rival takeover bid for the whole company from Spark.

TeamTalk shareholders back sale of Farmside to Vodafone, killing Spark offer
TeamTalk shareholders overwhelmingly back a deal to sell a controlling stake in rural broadband unit Farmside to Vodafone New Zealand, effectively rejecting a takeover by Spark New Zealand

Regulator eyes competition issues in Spark's TeamTalk bid
The Commerce Commission has outlined where it's looking for any competition issues in Spark New Zealand's hostile bid for telecommunications firm TeamTalk

TeamTalk affirms annual earnings guidance as rising costs dent first-half profit
TeamTalk expects annual earnings to be largely in line with last year after reporting an 11 percent decline in first-half profit as investments in its telecommunications network drove up operating costs

TeamTalk forecasts steady earnings amid network roll-out
TeamTalk is expecting similar full-year earnings despite higher operating costs and investment

TeamTalk sells remaining Farmside stake to Vodafone for $3 mln
TeamTalk, the Wellington-based telecommunications minnow, has sold its remaining 30 percent stake in rural broadband division Farmside to Vodafone New Zealand for $3 million, after the country's biggest mobile operator exercised an option to mop up the re

TeamTalk deal also a boon for Tait's mobile radio research and development
Christchurch-based mobile radio provider Tait Communications has clinched agreement with Team Talk�to supply and build its new nationwide digital mobile radio network.

TeamTalk returns to full-year profit
TeamTalk returned to full-year profit and affirmed its guidance for 2018 as the network provider trims its debt and prepares for a resumption of dividends.Profit was $5.1 million in the 12 months ended June 30, from a loss of $1.3m...

TeamTalk returns to full-year profit, affirms guidance for 2018
TeamTalk returned to full-year profit and affirmed its guidance for 2018 as the network provider trims its debt and prepares for a resumption of dividends