VectorFibre News

Media release: Pleasing performance despite fickle economic conditions (23/02/12)

Despite fickle economic conditions, performance in both Vector’s regulated and unregulated businesses has been pleasing, said Simon Mackenzie, Group Chief Executive as he announced the company’s interim result for the six months to 31 December 2011.
 
”We have seen small and steady improvements in first half gas and electricity volume over the past two years, our smart meter business has been strengthened and our gas wholesale team has signed some significant customer and supply agreements.”
 
Pleasing operational performance had led to growth in revenue, EBITDA* and NPAT**.
 
The board has de

Vector’s Weekly Rugby World Cup 2011 Network Performance Report

Week of: 12 September 2011 – 18 September 2011

Vector will provide weekly reports on the status of our electricity network throughout the Rugby World Cup.

Summary

Vector’s Weekly Rugby World Cup 2011 Network Performance Report

Week of: 12 September 2011 – 18 September 2011

Vector will provide weekly reports on the status of our electricity network throughout the Rugby World Cup.

Summary

Media release: UFB initiative (24/05/11)

Responding to today’s announcement about the UFB initiative, Vector Chief Executive Simon Mackenzie said Vector put forward a proposal that made commercial sense for the company given the Crown’s published criteria.

“Our offer was for open access fibre to the home and also sought regulatory certainty given the continual and widespread uncertainty of regulation in New Zealand.

 “We note that the arrangement struck with Telecom differs from that set out in the Invitation To Participate (ITP) and is subject to shareholder approval and legislative change.

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