The Commerce Commission is investigating whether Telecom's
Wholesale business unit is likely to have discriminated
against telecommunications providers in favour of Telecom's
Telecom yesterday laid down a challenge to the Government to
involve the company in the ultra-fast broadband project and
avoid unnecessary duplication.
A motorist's encounter with the malfunctioning text-to-pay
service of a Dunedin parking machine is a glitch, and not a
system-wide fault, the Dunedin City Council says.
The structural separation of Telecom would be a major change
for the telecommunications industry and the Government is
seeking public feedback on what the regulatory impact would
be, Communication and Information Minister Steven Joyce says.
Changes to the rules surrounding the Government's rural
broadband initiative (RBI) could cause a battle for market
supremacy between Telecom and Auckland-based energy company
Telecom chief executive Paul Reynolds finally got to deliver
some good news to the market when the telecommunications
company reported its earnings for the year to June 20.
The Telecom fourth-quarter and full-year result out tomorrow
will be scrutinised by analysts more closely than usual.
yesterday of Telecom by rating agency Standard and Poor's had
nothing to do with how the company was performing, Forsyth
Barr broker Suzanne Kinnaird said.
Standard & Poor's has placed Telecom's A long term credit
rating on creditwatch and said it may be cut by one or two
notches if the company separates its access network into a
new standalone company.
Telecom finally got
to release some good news to the market yesterday with the
$A140 million ($NZ175 million) sale of assets in Australia.
A fresh start from familiar foundations
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