But carrier remains in the red in its consolidated result. Profit soars at parent company Telstra, but not as much as analysts had picked.

Snap Internet - which suffered downstream congestion that coincided with TelstraClear's all-you-can-eat weekend - is staging its own limitless data fest from Friday evening to Monday morning.

TVNZ chief executive Rick Ellis is leaving the state owned broadcaster to take up a role with telco firm Telstra.

A heir emerges to Ralph Norris' mantle as the highest-earning expat.

Telco says Christchurch quakes and one-off offshoring costs pushed up expenses. Parent company Telstra reports a 17% profit dip.

Customers will be migrated from Telstra copper to Crown fibre.