New Zealand Post Office
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| New Zealand Post Office | |
| Type | Government department |
|---|---|
| Founded | ? - 1987; split into three separate State-owned Enterprises |
| Headquarters | Wellington, New Zealand |
| Products | * Telecommunications – The Telephone Exchange
|
| Website | N/A. |
The New Zealand Post Office was a New Zealand government department until 1 April 1987. At that date, the department was abolished under the Postal Services Act 1987, and three state-owned enterprises (SOEs) were formed: * New Zealand Post Limited,
- Telecom Corporation of New Zealand Limited (Telecom)
- Post Office Savings Bank Limited (PostBank)
Of these, due to privatisation, only New Zealand Post remains as an SOE. Telecom was sold to two United States baby bells, and PostBank was sold to the Pacific banking conglomerate Australia and New Zealand Banking Group, ANZ. The PostBank brand was phased out by the late-1990s.
Later on, as per the conditions of Telecom's privatisation, it was floated in the early 1990s on the New Zealand Stock Exchange.
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