Telecom Corporation of New Zealand (TEL) Stock Recommendation

Submitted by Craig Strzelecki on Fri, 11/08/2006 - 16:33.

Credit Suisse has rated the Telecom Corporation of New Zealand (TEL) stock as Neutral. The result given in the last week was in line with broker expectations and view that ongoing regulatory challenges will continue to weight the on the stock price.

Telecom Corporation of New Zealand Limited is listed on the Australian Stock Exchange (ASX) under stock code TEL. You can view their investor website here. The company is a principal supplier of local, national and international telecommunications services from New Zealand including cellular, directories, leased circuits, mobile radio, paging, data communications, and the distribution of telecommunications equipment. Find out the meaning of the recommendations in this primer. Check your charts!

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