Christchurch was "inevitably going to be brought to its knees" by an earthquake because of the nature of the ground it stands on, a scientist says.

"It's essentially a ghost town. You can see utter devastation," said Prime Minister John Key.

"It was like a giant had picked up our house and was just shaking it, shaking and shaking," said one resident.

Services and infrastructure in Christchurch have been seriously affected by this morning's quake. Here is the current situation.

Telecom today reported a 4.5 per cent fall in its bottom line full year net profit to $380 million, with revenue down 6.5 per cent to $5.27 billion.

Simon Hendery writes that more network traffic won't mean more income for major phone providers.

Mentoring scheme will help women make the leap to CEO or a place in the boardroom.

Anyone calling for a cost-benefit analysis doesn't understand the internet.

The outcome of a bidding war for ultra-fast broadband will result in a major shake-up of the local telecommunications sector, writes Simon Hendery.

Chinese dairy investors may be media shy, but they have been lobbying politicians and other key players at the highest levels.

The Commerce Commission says TelstraClear provides no meaningful competition for Telecom in the wholesale backhaul market.