Kordia is an experienced and stable trans-Tasman business that powers some of the most significant communications technologies in this part of the world.
Kordia has a team of over 700 talented people who build, manage and maintain telecommunications, broadcast and a range of other specialised networks in New Zealand, Australia, South-East Asia and the Pacific. Kordia’s shareholder is the New Zealand government – the company has been around for about 60 years.
Kordia’s heritage is in broadcast. When New Zealanders watch TV or listen to the radio, it is likely that the programme is carried over Kordia’s broadcast analogue or digital network.
But Kordia’s business is changing. Now many long distance phone calls are carried up and down the country on Kordia’s next generation network. It also owns Orcon, and delivers world-class broadband, down-under, through them.
Kordia’s satellite and radio technologies monitor the safety of boats and shipping crews across a territory than covers 50 million square kilometres of the world’s oceans.
Kordia is also looking to massively improve the cost and performance of New Zealand’s connection to the world by building a new data cable to Australia – OptiKor™.
Kordia has undergone a significant transformation in the past few years. It has spent $170m to shift from ‘broadcast-only’ to being a lead player in the technology, media and telecommunications space.
The acquisition of AAPCS in Australia (2005), Orcon (2007) and iServe (2009) in New Zealand has established the framework for change, with revenue from the telecommunications sector increasing eight-fold over that period. Total revenue for the Kordia Group has doubled since 2005 - from $130m to just under $260m.
Revenue: NZ$254 million, FY09, ended June 2009.
Key customers: TVNZ, MediaWorks, SKY Television, Vodafone Hutchison Australia, Ericsson, NokiaSiemens Networks.
Employees: 856 (includes Kordia in New Zealand and Australia, Orcon and its subsidiaries, part time staff and contract workers).
