Kordia stories
Kordia Group has posted a loss of $8.6 million for the year ending June 30 – down 336% on last year's $3.7 million profit.
Orcon looks to raise capital as rapid growth follows uncapped broadband campaign, according to CEO Greg McAlister.
NZ bids adieu to analogue TV, embracing digital era with final switch-off led by Minister Craig Foss. A 60-year legacy ends, ushering in advanced broadband.
Kordia Group has boosted after-tax profit 46 per cent to $10.7m ($7.3m in FY12) for continued operations in the 12 months to 30 June 2013.
Orcon bolsters its leadership team with four new appointments as it targets growth under new CEO Greg McAlister, following a recent acquisition.
The Labour Party criticises the New Zealand government over the mysterious sale of Orcon, questioning its strategic value and the USD $30-$35m price tag.
NZ wireless broadband provider reports $2.4m loss with the company relying on funding from its 75% shareholder, Craig Wireless Systems, to meet its cash needs.
Kordia has sold Orcon, its residential and business ISP, to a buyer group of Kiwi businesspeople, headed by Vivid Networks MD Warren Hurst.
Orcon, the state-owned internet service provider, expects to make an announcement about a potential sale in the coming weeks.
Orcon, NZ's ISP previously owned by Kordia, is back on the market under a year after being sold to Kiwi business group. #TechNews #OrconSale.
Auckland IT firm solves telephony woes in under a day with Kordia's Microsoft Lync certified OnKor, ending a frustrating search for reliability.
Kiwis buzzed about Microsoft's Office 365 launch and CEO changes at Kordia, setting the NZ Channel market abuzz in early 2013.
Both the use of phone and internet are crucial tools for any business of any size, whether it be in New Zealand or across the world.
Even the fastest broadband can be crawlingly slow when something goes wrong – especially when your ISP is not the telco that owns the infrastructure.
Company takes out the Wireless Network Infrastructure Innovation category for delivering broadband internet to isolated Pacific communities.
Kordia has dismissed rumours of a failed deal with internet provider Orcon, affirming that discussions are still ongoing despite delays.
Kordia hints at imminent Orcon sale amid heightened buyer interest, with an announcement expected by week's end.
The rumour mill fires up, delivers big numbers as Kordia's sale of Orcon looks a dead-cert - though the man apparently at the centre of everything won't speak.
Kordia NZ leads as the first in the country to secure Microsoft Lync 2013 certification, bolstering business communication capabilities.
Another exciting week has wrapped up here at NZET, Here's a summary of the news stories that were biggest in NZ this week.
