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The 1987 splitting-up of the Post Office resulted in the formation of Telecom, a state-owned enterprise responsible for New Zealand’s telecommunications. By mid-1989 New Zealand telecommunications were among the least regulated in the world. In 1990 Telecom was sold to a consortium consisting of Bell Atlantic, Ameritech, Fay Richwhite Holdings and Freightway Holdings.
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Reference: S-L 1016-COVER
Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.