Telecom Corp of New Zealand (ADR) (NYSE:NZT)
CAPS Rating:
The Company is a telecommunications service provider in New Zealand, offering a comprehensive range of products and services to consumer and business customers.
The Company is a telecommunications service provider in New Zealand, offering a comprehensive range of products and services to consumer and business customers.
Recs
Significant local market dominance in New Zeland provides a steady base of support. Expansion efforts into Australia and Asia provide for growth in the future. They are the largest telecom provider in New Zealand, the third largest telecom provider in Australia, and are growing in other areas of Asia. Growth is available in both basic services and advanced services, ranging from baseband and cellular communications to cloud computing, off site storage and disaster recovery solutions.