surfisup1000: In my opinion Telecom are having some cash flow trouble. Shedding staff, profit, and a loaded with a cumbersome and inefficient corporate structure.
Past management has been weak , despite high salaries.
Just look how slowly telecom is reacting to the UFB rollout.
You know they launched ufb before Vodafone and slingshot, right?
(The second and third largest ISPs in Nz)
And launched vdsl before Vodafone, slingshot and orcon.
(The second, third, and fourth largest ISPs)