And telecommunications giants Telekom and T-Mobile US are in talks about a possible merger.
The full impact will be felt in the June quarter, with a long tail to follow, NZIER says.
UPDATED: Funding will ensure staff aren’t made redundant, Z Energy says.
The company has also detailed trading conditions under lockdown.
Group earnings down 16%, net profit up almost $5m.
And analysts warn the stock is a risky pick.
The annual Private Capital Monitor shows high mid-market activity.
Listed hotelier said it should survive for up to two years before rebuilding tourist numbers.
The Racing Transition Agency is shutting branches and cancelling trackside radio programming.
THL chief executive Grant Webster announces consultation process.