Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Spark New Zealand Ltd.

Telecom Corp. of New Zealand Ltd.

Published Jul 24, 2006

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

Very strong domestic market position; Underlying demand for reliable telecommunications; Strong free operating cash flow; and Commitment to a moderately conservative financial profile. Highly competitive markets; Technology risk; and Rising domestic regulatory risk. The ratings on Telecom Corp. of New Zealand (TCNZ) reflect the company's very strong domestic market positions; the growing underlying demand for reliable telecommunications; TCNZ's strong free operating cash flow; and the company's commitment to a moderately conservative financial profile. These strengths are offset by the highly competitive markets; technology risks; and a rising domestic regulatory threat. The ratings on TCNZ are principally underpinned by TCNZ's very strong domestic market position as the incumbent telecommunications owner and operator in New Zealand. TCNZ currently holds 70%–95% market shares

Report Type:

Full Report

Ticker

TEL@NZ

Issuer

Spark New Zealand Ltd.

GICS

Integrated Telecommunication Services (50101020)

Sector

Global Issuers, Structured Finance

Country

New Zealand

Region

Pacific

Format:

HTML

Telecom Corp. of New Zealand Ltd. – 2006/10/01 – US$ 500.00

Telecom Corp. of New Zealand Ltd.'s C$275 Million Issue Rated 'A'; Co. Outlook Stable – 2006/10/02 – US$ 150.00

Bulletin: Telecom Corp.'s PowerTel Acquisition Has Business Benefits; Leverage Spike Can Be Tolerated – 2007/01/30 – Free

Summary: Telecom Corp. of New Zealand Ltd. – 2007/03/20 – US$ 225.00

Telecom NZ Outlook Is Stable, Despite Long List Of Challenges, Report Says – 2007/05/09 – US$ 150.00

Summary: Telecom Corp. of New Zealand Ltd. – 2006/07/24 – US$ 225.00

Summary: Telecom Corp. of New Zealand Ltd. – 2006/06/28 – US$ 225.00

Telecom Corp. of New Zealand Is In Control Of Its Cash Flow; Ratings Affirmed – 2006/06/27 – US$ 150.00

BULLETIN: N.Z. Regulatory Plans Influence Telecom Corp.'s Credit Profile – 2006/05/04 – Free

Summary: Telecom Corp. of New Zealand Ltd. – 2006/04/11 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Telecom Corp. of New Zealand Ltd." Jul 24, 2006. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Telecom-Corp-of-New-Zealand-Ltd-522189>

APA:	S&P Global Ratings’ Credit Research. (). Telecom Corp. of New Zealand Ltd. Jul 24, 2006. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Telecom-Corp-of-New-Zealand-Ltd-522189>

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