back to article TNZ braves the demerger with strong profits

The freshly de-merged Telecom New Zealand has posted a net profit of $NZ1 billion after what the CEO described as the “most complex corporate transaction in recent New Zealand history.” Adjusted profits rose 52 per cent to $NZ240 million with earnings from continuing operations coming in at $NZ129 million. The carrier demerged …

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  1. stuartnz
    FAIL

    Pfft!

    Fry's petulant whining about this helped confirm my adoption of the El Reg orthodoxy on him - i.e., he's a prat. The place he was staying apparently had the bargain basement data allowance, which he obviously snarfed up in no time. Then, after Telecom "fixed" it to shut him up (fat chance!) he launched into a tirade against the evils of throttling, and traffic allowances in general. Strangely, in this rant, the supreme techno wizard of the world omitted any suggestions on HOW a country of only 4.5 million, dependent on a dangerously small number of cable links to the VERY remote outside world, could afford and and offer His Fryness the petabit speeds he deems himself worthy of. (Fail icon for Fry, not the article)

  2. Anonymous Coward
    Anonymous Coward

    ElReg's Fry obsession is getting a bit tired...

  3. Arfur Smiff
    Thumb Down

    Dim witted actor != tech commentator

    Fry should stick to acting and using his gay iphone crusing app. Thats his limit. Why any one listens to him is beyond belief.

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