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
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.
Telecom has scored something of a coup, being selected for
preferred negotiations for the ultra-fast broadband (UFB)
initiative and the spin-off for investors could be the
listing of Chorus on the NZX.
The possibility of Telecom being entirely excluded from the
Government's ultra fast broadband initiative (UFB) still
remains and is not diminishing, Forsyth Barr broker Suzanne
Telecom's forecast after-tax profit for its first-quarter
trading is expected to come in at $84 million to $87 million
when it reports today, brokers Craigs Investment Partners and
Forsyth Barr say.
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.
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