TeamTalk stories
TeamTalk sets sights on CityLink fibre optic upgrade
Mon, 26th Nov 2018
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fibre
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radio
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citylink
TeamTalk has big plans to put its latest $8.7 million capital raise to work, starting with an upgrade of CityLink’s Wellington fibre optic network.
TeamTalk posts profit, continues investment in infrastructure
Sat, 25th Aug 2018
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network infrastructure
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digital transformation
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teamtalk
TeamTalk posts GBP £4.4m profit, up debt reduction efforts and invests heavily in infrastructure, aiming for a nationwide digital radio roll-out by 2019.
TeamTalk finalises new 3-year banking facility
Thu, 29th Jun 2017
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westpac
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teamtalk
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farmside
TeamTalk secures a £27m three-year financing deal with Westpac, bolstering its future after the strategic Farmside sale to Vodafone.
Spark stays firm on TeamTalk deal – 80c or nothing and forget Vodafone
Tue, 4th Apr 2017
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teamtalk
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m&a
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vodafone
Spark New Zealand today released a statement to affirm their position in their attempted acquisition of TeamTalk.
Commerce Commission reveals concerns for Spark/TeamTalk merger
Mon, 3rd Apr 2017
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commerce commission
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teamtalk
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vodafone
The Commerce Commission today published a statement of Preliminary Issues regarding Spark New Zealand’s proposed acquisition of TeamTalk.
Vodafone NZ one-ups Spark with 70 percent acquisition in TeamTalk’s Farmside
Mon, 27th Mar 2017
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teamtalk
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m&a
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vodafone
The proposed investment by Vodafone in TeamTalk looks set to further deepen the strategic relationship between the two companies.
TeamTalk fights back against Spark's 'hostile takeover bid'
Fri, 24th Mar 2017
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teamtalk
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m&a
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spark
TeamTalk yesterday recommended that its shareholders reject Spark’s 'hostile takeover bid' of $0.80c per share because the price is far too low.
Spark applies for TeamTalk acquisition clearance from ComCom
Tue, 21st Mar 2017
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commerce commission
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teamtalk
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m&a
The Commerce Commission has acknowledged that it has received a clearance application from Spark for its proposed acquisition of TeamTalk.
Spark makes formal offer to acquire TeamTalk
Thu, 9th Mar 2017
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teamtalk
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spark
Spark offers to buy all TeamTalk shares at NZ$0.80/share, 78% higher than last closing price, says CFO Chalmers.
Spark talks business with new acquisition on the horizon
Tue, 7th Feb 2017
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teamtalk
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m&a
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spark
Spark plans to acquire TeamTalk, offering a significant premium to its latest share price, in a deal benefiting shareholders.
Separating SDN hype from reality: A user's view
Thu, 2nd Oct 2014
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network infrastructure
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sdn
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naas
CityLink's early dive into SDN technology reveals the gap between its potential and real-world application, urging a focus on standards.
TeamTalk cuts annual earnings guidance
Fri, 7th Jun 2013
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citylink
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teamtalk
TeamTalk cuts earnings guidance for a second time after acquiring Farmside Group, resulting in a slower transition and lower earnings.
Broadband profits for TeamTalk
Wed, 29th Aug 2012
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citylink
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teamtalk
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telco
TeamTalk posts a record 15.9% profit rise to NZD $5.4m, driven by booming broadband operations and key contributions like the Rugby World Cup 2011.
CityLink shareholders sell out to TeamTalk
Thu, 3rd Dec 2009
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wellington
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nzx
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citylink
It began 14 years ago with 17 shareholders putting up $5,000 each, but now CityLink has been completely gobbled up by the publically listed company TeamTalk.