Opinion: Should Telecom seek cash?

Telecom has $544 million due for repayment this calendar year

As listed companies queue up to sup from the capital raising well, the question needs to be asked as to whether our largest listed company might join them.

Telecom, the big kahuna of the NZX, certainly has no Nuplexesque dire need to raise cash. But nor did Fletcher Building, or more notably SkyCity.

And those two have done wonders for their balance sheets by tapping investors for cash.

Make no mistake, Telecom could certainly put a bit of extra money to use.

Read more on BusinessDay.co.nz

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags telecomNetworking & Telecomms ID

Show Comments