As a division of Telecom Corporation of New Zealand Telecom provides leading edge voice, data and mobile services across New Zealand and Australia. The company is the country’s largest internet service provider.
TNZI’s global voice business sees us trading with over 200 voice customers/vendor relationships worldwide. We carry around two percent of all global voice traffic. That’s five billion minutes per year.
Since 1996, we have been one of the top 10 international carriers in the US. We were the first international carrier to operate using our 214 licence in the US.
TNZI, and Telecom as a whole, are internationally respected and successful. Telecom is listed on the Australian, New York and New Zealand stock exchanges and has a strong A rating from Moody's Investor Service and Standard and Poor's. Telecom is co-owner of the Southern Cross Cable network.
Telecom's year to 30 June 2009:
- Revenue: NZ$5,599 million
- Net earnings NZ$400 million
- Earnings per share NZ$0.22 cents
- Capital Expenditure NZ$1,313 million
- Total Assets NZ$7,036 million