Telecom has warned it is in for a multimillion-dollar
earnings hit for three years as a result of the Government's
rural broadband plans confirmed yesterday.
Telecom says the Government's rural broadband plans will cost
it up to $56 million a year in earnings between 2011 and
New Zealand has much to be proud of in its gender equality
record, and with the marking on Monday this week of
International Women's Day, there is cause for celebration.
Telstraclear has joined fellow telco Vodafone in a push to
win new business from disillusioned Telecom XT mobile phone
Investors deserted Telecom yesterday, forcing the shares down
to a record low of $2.18 by mid-afternoon.
After recent troubles with the Telecom XT network, it was
landline problems which caused frustrating disruptions for
several Dunedin businesses and their customers yesterday.
A businessman has accused Telecom of "deliberately delaying"
connections for independent telecommunications providers in a
bid to win back customers.
Beleaguered Telecom bosses may face a bill from the
Government after the 111 emergency telephone network failed
in south Auckland for several hours today.
An inquiry will be held into today's 111 outage after a third
of emergency calls failed to get through for about two hours
this morning, Communications and Information Technology
Minister Steven Joyce said this morning.
Telecom's chief transformations officer has resigned
following the latest XT mobile phone network failure.
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