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TeamTalk

TeamTalk boosts 1H profit 27%, signals lower dividend to fund rural broadband expansion

TeamTalk 12-month price history (NZX.com)

$US200m startup promises Kiwis cheaper broadband via satellite but …

Kacific CEO Christian Patouraux

TeamTalk cuts annual guidance, reviews management structure

The owner of the CityLink fibre-optic broadband service reviews management structure to bed in its Farmside Group acquisition.

TeamTalk bemoans subsidy to rivals, cuts annual guidance on telco levy

Upbeat about the second half of the year and there are still plans to pay annual dividends of 20 cents per share.

TeamTalk shareholders approve Farmside purchase for up to $42m

The acquisition will almost double TeamTalk's revenue, with Farmside reporting sales of $25.4 million in the 12 months ended June 30.

TeamTalk to buy Farmside for up to $42.1m in rural push