Telecom has revealed its plan to provide movies and TV shows
to subscribers over the internet.
Telecom is changing its name to Spark and later this year
will launch ShowmeTV, a new internet television business, the
company announced yesterday.
Telecom's profit announcement yesterday was a good reality
check for the company with pressures from the legacy business
continuing to drag on it, Craigs Investment Partners broker
Chris Timms said.
Telecom plans to change its name later this year to Spark,
and move into the internet television market.
Hackers are using New Zealanders' email accounts to send out
thousands of spam messages, and Telecom admits it still
doesn't know the cause or scale of the problem.
On a normal Wanaka day, Telecom's mobile phone system handles
25,000 text messages.
Telecom's sale of its Australian business unit AAPT for $494
million is a good price and positive move for the company as
it looks to focus more on New Zealand, say analysts.
Telecom and Vodafone are both promoting their new 4G
high-speed data networks but the experience will remain
elusive in the South for a while yet.
Ethnic diversity, youth and business cloud computing services
are at the forefront of Telecom's rebranding as it focuses on
building market share, Telecom chief executive Simon Moutter
Dunedin is the conspicuous name missing from the list of
centres in which Telecom will launch its 4G network on
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