UPDATE: NZ Tower Spin-Off Could Pave Way For New Opers
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WELLINGTON (Dow Jones)--Insurer Tower Group Ltd. (TWR.NZ) said Monday it will go ahead with the spin-off of its Australian wealth management businesses and use the cash proceeds to grow and develop new businesses.
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The company may be hinting at going public.
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The speculation regarding Dell building a new handset starts up again.
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By PULLAR-STRECKER Tom  SKY TV has shied away from a confrontation with government darling Maori Television, agreeing to rebroadcast the channel on the vertical transponders it has leased on the Optus D1 satellite for the time being, so it can continue to be seen by Sky viewers.
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WELLINGTON (Dow Jones)--Air New Zealand Ltd. (AIR.NZ) said Wednesday it expects to post a slight drop in profit in the current financial year, and that it hopes to raise NZ$186 million in a rights issue next month to fund investment in new aircraft.
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MACQUARIE Communications Infrastructure Group, owner of most of Australia&#39;s TV and telco transmission towers, has begun its offshore expansion with a Â£1.27 billion ($3.1 billion) deal to buy Britain&#39;s second-biggest transmission group.
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For many years, professional engineers in New Zealand could become registered by dint of experience and the payment of $30 a year. This was basically the licence to kill, maim and destroy, or whatever else registered engineers did.
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Business & money: Companies reach agreement on UK network-sharing deal expected to reduce number of mast sites
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O2 and Vodafone to be booted off frequencies UK regulator Ofcom has opened a consultation on the future of the 900MHz band, currently allocated to Vodafone and O2 for their 2G services, and has suggested that a technology-neutral auction might be in order for 2009.â¦
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Bell/Agusta AB139s seem to be headed far and wide at the moment. Deliveries of the new medium twin to the Namibian government and, most recently, to philanthropist the Aga Khan (see sidebar) are recent ...
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Research organizations and businesses will tap the New Zealand machine for engineering and for economic modeling.
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Singapore International Airline&#39;s (SIA) selldown of its 6.3 per cent stake in Air New Zealand, announced yesterday, seems to have been well anticipated by the sharemarket.
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OPTUS is close to completing a comprehensive review of its customer service operations which is likely to result in some of the 3500 jobs in the area moving offshore.
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WELLINGTON (Dow Jones)--The New Zealand dollar is likely to add to its nine-year high against its Australian counterpart if, as expected, the two countries
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SYDNEY, AustraliaâFollowing a similar announcement by rivals earlier this month, Vodafone Australia and Optus said they agreed to share third-generation network sites and infrastructure.
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Tower Records may be dead, but its  flagship outlet in Los Angeles still has some relevance to the  music industry.
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By PULLAR-STRECKER Tom  COMPUTER services giant EDS hopes to add a green tinge to its somewhat grey image in New Zealand and Australia.