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.



21 posts

Geek
+1 received by user: 10


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
8715 posts

Uber Geek
+1 received by user: 640


  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..

1938 posts

Uber Geek
+1 received by user: 605


  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?

1037 posts

Uber Geek
+1 received by user: 226

Subscriber

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

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


8715 posts

Uber Geek
+1 received by user: 640


  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 & Pushbullet »
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:



Follow us to receive updates on your mobile device or browser via Pushbullet:



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.