Spark New Zealand Ltd Ord (NZTCF)

Telecom Corporation of New Zealand Limited was established on 24 February 1987 as a company with limited liability, is incorporated and domiciled in New Zealand. It is a supplier of telecommunications and information, communications and technology (ICT) services in New Zealand and Australia. The Company's business units include Telecom Retail; Gen-i; Chorus; and Telecom Wholesale. Telecom Retail is responsible for providing fixed line, mobile and internet services to consumers and the small/medium business market. Gen-i provides converged technology and telecommunications solutions for its business customers across New Zealand and Australia. Chorus is the operationally separate business unit managing Telecom's local access network in New Zealand. Chorus also operates the national field services group and takes significant developments like access fibre and its cabinetization program, which would deliver high-speed broadband to New Zealanders in all towns with 500 lines or more. Telecom Wholesale is an operationally separate business unit that delivers next generation wholesale network connectivity products to service providers throughout New Zealand. The Company's broadband, business data, voice and interconnect products give wholesale customers the foundation on which to build their own network or telecommunications services for their end-users.