Telecom organisational changes

( Telecom confirms further organisational changes

Telecom New Zealand confirmed today that as part of its ongoing organisational transformation, acting CEO of Telecom Wholesale, Nick Clarke, will now report directly to Mark Ratcliffe, CEO of Chorus.

“As I announced in April, we will be progressively aligning the regulated Wholesale business with Chorus to provide a more seamless service for Wholesale customers and allow the teams to collaborate more effectively to deliver on the RBI and UFB commitments,” said Telecom CEO Paul Reynolds.

“To do this, we need one executive and one team accountable to our customers.

“This means Nick Clarke, with many of the Wholesale team, will move to report to Mark Ratcliffe, while a smaller Wholesale unit will stay outside Chorus, covering IP interconnect and resale.

“Robust operational separation principles and practices remain firmly in place, and these changes will improve the ability of our people in Chorus and Telecom Wholesale to better deliver for our customers at a critical period of change.

“We remain absolutely committed to the Undertakings on Operational Separation agreed in 2008,” Dr Reynolds said.

Media Release on 3 June 2011 from Telecom New Zealand (TEL).