The Information Technology 100
Telecom Cp New Zealand
Following a recent marketing blitz, the big Kiwi telecommunications company has begun clawing back market share from challengers like Britain's Vodafone and Australia's Telstra. Vodafone, which entered the market six years ago, had increased its cellular services share to 60%, but has seen that cut to 54% as Telecom New Zealand fought back.
CEO Theresa Gattung, 43, has repositioned the telecom giant as an aggressive broadband player. And it's working: Profits from its old, core fixed-line telephony and international calls operations keeps plunging while the broadband business is on the rise. Telecom New Zealand also is growing its Australian business where its AAPT unit is a distant No.3 player in a fiercely competitive market.
|Return on Equity||34.4%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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Telecom Corp. of New Zealand Limited provides telecommunications products and services in New Zealand and Australia. It provides various telecommunications products and services, including local, national, international, and value-added telephone services; cellular and other mobile services; data and internet services; equipment sales and installation services; and leased services and directories. The company’s business segments include NZ Wired, NZ Wireless, International, Australian Consumer, and Australian Business. Telecom Corp. of New Zealand Limited is based in Wellington, New Zealand.
No. of Employees
Theresa E. Gattung
Theresa Elizabeth Gattung has served as the Chief Executive Officer and Managing Director of Telecom Corp. of New Zealand Ltd. since October 1999. She had previously been Group General Manager Services and before that General Manager, Marketing. Ms Gattung graduated with a Bachelor of Laws (LLB) from Victoria University in 1987 and a Bachelor of Management Studies (Honours, with majors in Economics and Marketing) from the University of Waikato in 1983.