Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.



19 posts

Geek
+1 received by user: 5


Topic # 109784 26-Sep-2012 16:30 Send private message

Can anyone enlighten me on the ownership of Telecom- not Chorus but Telecom, Is this New Zealand owned (yes I know its not government owned) but what percentage of Telecom is owned by New Zealanders?

Any links or informaiton would assist- just working out wether to invest


Create new topic
7030 posts

Uber Geek
+1 received by user: 351


  Reply # 691790 26-Sep-2012 16:33 Send private message

It is a NZX listed company. The ownership is hard to know, as shares are often purchased by fund managers. But I had heard that NZ mum and dad shareholders could own around 50% of it. So if that is the case it is largely an NZ owned company and it's profits largely stay in NZ. I think the same would apply for chorus, as there was a share split, so people who where telecom shareholders, also became chorus shareholders..

1267 posts

Uber Geek
+1 received by user: 232

Subscriber

  Reply # 691846 26-Sep-2012 18:10 Send private message

I might be wrong, but doesn't the government still have a 24% "kiwi share" in Telecom?

730 posts

Ultimate Geek
+1 received by user: 76

Subscriber

  Reply # 691859 26-Sep-2012 18:52 Send private message

From the annual report (which is of course available online)


7030 posts

Uber Geek
+1 received by user: 351


  Reply # 691861 26-Sep-2012 19:02 Send private message

Handle9: From the annual report (which is of course available online)



But very difficult to tell who the end owners are. Many are just fund managers buying shares on behalf of their cusomters.

42 posts

Geek

Trusted

  Reply # 692001 27-Sep-2012 07:58 Send private message

Hiya - Telecom's investor centre is a good place for shareholder or potential shareholder info. 




@richirvine
@telecomnz


Create new topic




Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:




News »

Trending now »
Hot discussions in our forums right now:

Debian can't access DNS
Created by dcole13, last reply by gstarkey on 28-Aug-2014 20:46 (28 replies)
Pages... 2


Orcon Global Mode launched
Created by freitasm, last reply by Dangermouse on 29-Aug-2014 19:37 (107 replies)
Pages... 6 7 8


Lightbox quality Awful for me
Created by ronw, last reply by Lightbox on 29-Aug-2014 20:00 (46 replies)
Pages... 2 3 4


Vodafone TV multicast settings on pfSense?
Created by kenkeniff, last reply by kenkeniff on 27-Aug-2014 10:32 (182 replies)
Pages... 11 12 13


"best" bank in New Zealand
Created by ScuL, last reply by richms on 29-Aug-2014 13:21 (38 replies)
Pages... 2 3


Another Gaming computer help question
Created by Lyderies, last reply by timmmay on 26-Aug-2014 18:06 (38 replies)
Pages... 2 3


Lightbox press event release
Created by freitasm, last reply by Dratsab on 29-Aug-2014 16:53 (557 replies)
Pages... 36 37 38


Suddenly limited to 1mbps download speed on spark VDSL
Created by Jase2985, last reply by PlatinuM195 on 29-Aug-2014 19:53 (17 replies)
Pages... 2



Geekzone Live »
Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.