News (7)

  • Vodafone buys iiNet's NZ business

    Mobile carrier Vodafone has bought the ihug-branded New Zealand business of telco iiNet for AU$36 million.

  • iiNet to exit NZ

    Troubled telco iiNet has started looking for a buyer for its iHug-branded New Zealand business.

  • PowerTel chief gets iiNet board spot

    The managing director of business and wholesale telco PowerTel, Paul Broad, has been appointed as a non-executive director of troubled retail telco iiNet.

  • iiNet profit to dramatically dip

    Telco iiNet's finances have taken a hammering as the company announced its earnings before interest, tax, depreciation and amortisation (EBITDA) to the year ending 30 June would be 39 percent lower than previously expected.

  • Bean-counters to rein in iiNet?

    Will iiNet be able to continue its strategy of leveraging technological leadership now that its financial dirty laundry has been so publicly aired?

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