
Govt signs $65m anchor contract for new international cable
The government has entered a 25 year contract with Hawaiki Cable worth to secure a new international telecommunications cable capable of handling huge data loads.
The government has entered a 25 year contract with Hawaiki Cable worth to secure a new international telecommunications cable capable of handling huge data loads.
Telecom will change its name to Spark on August 8 - and will have a new ticker code on the New Zealand and Australian stock exchanges from then.
Telecom has shone a light on its new TV service but is not saying when it will start.
Two Degrees Mobile pared back losses in the year to Dec. 31 and reported positive operating earnings for the second year since its establishment.
CallPlus has announced it has bought rival Orcon, giving New Zealand's third-biggest internet company 15 per cent market share and more than 220,000 customers.
New Zealand's internet traffic will grow almost threefold by 2018, according to forecasts, mostly driven by a jump in the amount of television, movie and video being watched online.
Telecom says more details of its online television service are "close" and will be unveiled before the company changes its name to Spark in August.
Chorus's BBB credit rating was affirmed by Standard & Poor's with a negative outlook that reflects prospects for the network company's 'headroom' within financial covenants to shrink.
Auckland-based Customer Radar aims to turn the traditional "mystery shopper" way of rating company performance on its head.
Warehouse boss Mark Powell wasn't afraid to speak candidly about his pay packet with business journalists in Auckland last week.
Telecom Corp, the country's biggest telecommunications company, has trimmed the size of a banking facility, while pushing out its maturity date until 2017.
It is entirely possible for New Zealanders to pay far less for broadband than the over-inflated price it currently costs.
Telecommunications network operator Chorus has lost a bid to dismiss a Commerce Commission determination setting the price for services on its copper lines.
A power company is offering the chance to pay all household costs in one bill - but consumer groups warn the convenience may come at a cost.
Telecommunications Users Association CEO Paul Brislen is leaving the job after three and a half years.