2007 News

Vectors administrative settlement reaches next step (14/12/07)

Vector’s administrative settlement proposal has today been released by the Commerce Commission for consultation.

Power outage affecting Wellington CBD (11/12/07)

Vector is working to restore power to parts of downtown Wellington affected by a power cut this afternoon. Vector apologises for any inconvenience this has caused Wellingtonians as they head home at the end of the day.

Executive changes at Vector (28/11/07)

Vector Limited today announced a new management appointment and two executive departures.

Vector welcomes Commerce Act draft decisions (22/11/207)

Vector today welcomed the Government’s draft decisions on the review of the Commerce Act saying it will provide New Zealand’s infrastructure businesses and consumers with greater certainty and confidence.

Quarterly operations report - three months ended 30 September 2007 (21/11/07)

Vector has recently reviewed its overall reporting programme including an assessment of quarterly financial reporting practices across the market. As a result, we have decided to discontinue quarterly financial reporting and to adopt the practice of a number of listed companies and initiate key operational reporting for the first and third quarters.

Vector/Siemens establish advanced metering joint venture (29/10/07)

Vector Group and Siemens (N.Z.) announced today they have concluded a 50:50 joint venture to deliver advanced metering technology and operational services to customers throughout New Zealand.