Vodafone New Zealand posted full-year profit that dropped by more than two thirds as it took on costs related to the acquisition of TelstraClear and increased the proportion of lower-margin fixed-line sales.
The company disagrees with the determination and is reviewing whether to appeal.
The great New Zealand public has get to take to fibre rolled through neighbourhoods under the Ultrafast Broadband scheme, backed by $1.35 billion in taxpayer cash. PLUS - RAW DATA: The latest UFB and RBI report.
The fibre war is about to ramp up a notch | Moutter admits he was hit by the Yahoo phishing attack. UPDATED with comment on UFB numbers from Orcon, CallPlus.
The Commerce Commission has introduced a new measure to monitor phone companies, referencing Vodafone's $840 million purchase of TelstraClear. But a customer lobby group says it's taking the wrong approach.