Communication Stocks

How did Sky Network (NZX:SKT) manage to conclude share consolidation?

  • September 17, 2021 03:05 PM NZST
  • Sonal
Sky Network

Highlights Sky Network announced completion of its share consolidation on 17 September. Share consolidation means when a stock’s shares are merged into one share. The process is done to appeal to more investors or to avert the delisting ...

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Chorus (NZX:CNU) delivers strong performance in FY21

Chorus (NZX:CNU) delivers strong performance in FY21

  • August 23, 2021 12:56 PM NZST
  • Roma

Chorus Limited (NZX:CNU) announced its awaited annual results on Monday, with strong operational performance. With 120,000 new fibre connections delivered in the duration and EBITDA was recorded to be NZ$649 million for the period till 30 June 2021...

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One Stock From Communications Sector With Decent Growth Prospects

One Stock From Communications Sector With Decent Growth Prospects

The outbreak of the coronavirus pandemic has impacted several sectors and industries. However, now some sort of recovery is expected moving forward. This company is from the telecommunications space and is possessing decent growth prospects. In H1 FY...

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Spark New Zealand (NZX:SPK): A glance at the telco’s business strategy

Spark New Zealand (NZX:SPK): A glance at the telco’s business strategy

  • August 20, 2021 02:11 PM NZST
  • Sonal

Highlights Spark is NZ’s telecom giant. The telco delivered EBITDA growth of 1% in FY21 due to resilient revenues and disciplined cost cuts. Spark announced an additional investment to accelerate the 5G rollout. Spark New Zealand Li...

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How are NZX telecom stocks performing amid COVID-19?

How are NZX telecom stocks performing amid COVID-19?

  • August 19, 2021 06:29 PM NZST
  • Roma

Highlights Telecom companies witnessed fluctuation in demand in COVID-19 times. Spark New Zealand releases FY21 H2 results, witnesses a dip in revenue. Vital offers management changes, substantial holder sell down by Rakon. COVID-19 has h...

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SkyCity (NZX:SKC): How is the gaming stock coping with level 4 lockdown?

SkyCity (NZX:SKC): How is the gaming stock coping with level 4 lockdown?

Highlights SkyCity Entertainment Group announces the closure of its Auckland, Queenstown, and Hamilton-based facilities, following alert level 4 restrictions imposed across the nation. Its Auckland-based hotels would, however, remain open to ac...

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Sky Network (NZX:SKT): Why is it divesting some of its NZ located property?

Sky Network (NZX:SKT): Why is it divesting some of its NZ located property?

Headquartered in Auckland, Sky Network Television Limited (NZX:SKT; ASX:SKT) is a New Zealand-based media company, which provides sports and entertainment media services across NZ as well as overseas. It offers a wide range of content to its custom...

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AMC Entertainment & GameStop: Why to look at these two NYSE-listed stocks?

AMC Entertainment & GameStop: Why to look at these two NYSE-listed stocks?

Summary The US stock market is among the best performing stock markets across the globe and boasts some of the biggest and world-renowned companies from diverse sectors. AMC Entertainment’s revenue reached US$444.7 million during Q2 and h...

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Which are the four hot NZX-listed telecom stocks?

Which are the four hot NZX-listed telecom stocks?

Summary The telecom sector plays a crucial role in the growth, development, as well as the security of the nation. Chorus provides Q4 FY21 connections update with fibre broadband connections rising by 29K. Spark New Zealand to unveil its FY21 ...

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Is 5G available in New Zealand? Why is it so important?

Is 5G available in New Zealand? Why is it so important?

The last century saw a paradigm shift in the way individuals communicate with each other. With the internet and phone facility, and emergence of mobile phones, the communication space received a further upgrade. 5G is yet another significant devel...

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One Utility Stock For Long-term Growth Prospects

One Utility Stock For Long-term Growth Prospects

The outbreak of COVID-19 has impacted several sectors and the companies. This deadly virus has derailed the growth prospects of several companies as there were lockdowns which were imposed. However, it could be said that some companies are now expect...

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