The balance of power is shifting in the competitive world of NZ advertising.

New Zealanders are able to get a prepaid mobile phone plan at prices lower than the OECD average

Technology company Rakon reported first half revenue up 20 per cent from the previous six months.

Telecom says quarterly earnings rose 9 per cent to $163m, despite falling revenues. Its new high speed XT network has also had a strong start.

Telecom is crying foul over the government's proposed changes to the levy put in place to protect rural customers when the carrier was privatised in the 1990s, saying it will lead to less investment in outlying areas.