Telecom

Telecom has won the bulk of the contract to roll out an ultra fast broadband (UFB) network, the Government has announced.

Telecom has reduced its full-year capital expenditure forecasts in the latest trading outlook released yesterday.

Telecom has been fined a record $12 million by the High Court in Auckland for anti-competitive practices.

Telecom yesterday played a strong card in its pursuit of winning the major contracts to provide the Government's ultra-fast broadband (UFB) initiative throughout the country.

A conspicuous $200,000 Telecom mobile tower in Frankton will blend in with its surrounds once more development occurs around it, Shotover Park Ltd co-director Alastair Porter says.

Telecom and Vodafone seem to have the inside running in building the $285 million rural broadband network under the Government's initiative.

A Government decision to award a rural broadband contract to Telecom and Vodafone might leave rural internet users with worse service than those in urban centres, the Labour Party says.

Telecom is investigating what it says is potentially fraudulent accessing of customer information on its database.

Vodafone is warning consumers there is no guarantee the price of cellphone-to-cellphone calls will drop despite the Commerce Commission's recommending a slashing of wholesale rates.

The Commerce Commission has decided that Telecom's new wholesale broadband service VDSL2, or very-high-speed digital subscriber line 2, does not need to be regulated.