Communication Stocks

Why look at 3 NZX communications stocks in 2022?

Communication stocks

Highlights NZ boasts of a structured and competitive network of communication companies. Chorus to declare its six-months results next month. Spark New Zealand takes full ownership of Connect 8 by purchasing the remaining 50% shares. New ...

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Sky Network (NZX:SKT): Why did it divest Mt Wellington assets?

Sky Network (NZX:SKT): Why did it divest Mt Wellington assets?

  • December 17, 2021 04:40 PM NZDT
  • Sonal

Highlights Sky announced on Thursday that it had sold its Mt Wellington campus for $56 million to Goodman Property Trust (GMT). The sale remained contingent on further due diligence and a final consent of Goodman’s Board. The move is lik...

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One company is on a Transformation Phase for A Turnaround in FY22

One company is on a Transformation Phase for A Turnaround in FY22

As the market participants already know, the outbreak of the COVID-19 pandemic has impacted numerous sectors as well as industries. The lockdowns which were announced impacted several companies and the impact was visible in the stock prices. However,...

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How are these 3 NZX communication stocks gearing up for 2022?

How are these 3 NZX communication stocks gearing up for 2022?

  • December 06, 2021 10:32 PM NZDT
  • Sonal

Highlights New Zealand has a developed and competitive telecom sector. Spark informed about establishing 3 Sustainability-Linked Loans totalling $425 million. Rakon upgraded its EBITDA guidance range and expects an EBITDA between $44 million a...

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Which 3 NZX telco stocks to look at in 2022?

Which 3 NZX telco stocks to look at in 2022?

Highlights NZ is home to some of the most developed telecom companies worldwide. Spark New Zealand conducts its annual meeting early this month. Chorus unveils its investors' presentation for the UBS Australasia Conference. New Zealand&rs...

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Chorus & Spark: How are 2 NZX telcos faring?

Chorus & Spark: How are 2 NZX telcos faring?

  • November 17, 2021 03:45 PM NZDT
  • Sonal

Highlights The Commerce Commission has instructed the telco industry to create a marketing code. Spark expects its EBITDA to be between $1.13 billion and $1.16 billion for FY22. Chorus released a presentation for UBS Australasia Conference las...

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Why are NZX telcos turning heads in 2021?

Why are NZX telcos turning heads in 2021?

  • November 13, 2021 12:00 AM NZDT
  • Sonal

Highlights Spending on Internet of Things (IoT) is gathering pace in Australia and New Zealand. Chorus is aiming to attain 1 million connections for Chorus Fibre in FY22. Rakon has anticipated higher earnings for FY22.  With smart te...

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Chorus (NZX:CNU): What were highlights of recently held ASM?

Chorus (NZX:CNU): What were highlights of recently held ASM?

Telco infrastructure provider Chorus Limited (NZX:CNU; ASX:CNU) conducted its Annual Shareholders Meeting (ASM) last week. Later, the Company released presentation slides with Chairman’s and CEO’s address during the meeting. Image s...

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Who are 5 popular NZX communications stocks to watch right now?

Who are 5 popular NZX communications stocks to watch right now?

New Zealand has a stable communication network, with network operators backed by solid economic fundamentals offering pan-country full-fibre broadband network. The country’s total investment in the telecommunications sector stood nearly at N...

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One Company from Technology Space Having Decent Prospects

One Company from Technology Space Having Decent Prospects

As the market participants know, the global economy witnessed negative impacts as a result of outbreak of the COVID-19 pandemic. The lockdowns were imposed so that the spread of COVID-19 can be reduced. Therefore, the operations of numerous companies...

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How Chorus (NZX:CNU) has transitioned towards a new dividend policy

How Chorus (NZX:CNU) has transitioned towards a new dividend policy

  • October 04, 2021 05:58 PM NZDT
  • Sonal

Highlights Chorus witnessed growth in its fibre connections despite COVID-19 effects. Chorus is switching to a new free cash flow-based dividend policy. The Group has set the initial dividend guidance at 26cps for FY22.  Chorus Limit...

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