Telecom New Zealand will resell all of its IT services under the Gen-i brand following its take-over of the systems integrator.
The Telecom Advanced Solutions (TAS) label will go, following the $58 million merger. The leadership of the new combined outfit, however, has yet to be decided.
TAS predominantly works in New Zealand but claims four major Australian outsourcing accounts - the Commonwealth Bank, Toll Holdings, Goodman Fielder and Lion Nathan. Some 250 staff currently work for the TAS business, predominantly in networking / carrier roles.
Gen-i, which employs 50 staff in Australia and boasts of annual earning revenues of $10-20 million, claims 50 local customers.
Melbourne-based Gen-i’s Australian manager, Tim Ward, said that the services would be sold under the Gen-i brand, but the senior leadership of the new company, including his own post, was not yet decided. However, redundancies were unlikely as the merger aimed to grow sales, not make cost-savings.
Telecom NZ has said TAS boss, Chris Quin, remains group manager of operations in both countries. Auckland-based Gen-i chief executive, Garth Biggs, will also maintain his post for now. Both report to Telecom NZ CIO, Mark Ratcliffe.
Ward dismissed other media speculation that Telecom NZ was looking to buy other IT services companies as pure speculation.