Shares in recently-separated Telecom and Chorus dominated
trade in a relatively quiet day on the NZX yesterday, with no
particular reason obvious for the interest in either company.
AG-HUB, an agriculture web portal for farmers, has been
awarded the Telecommunications Users' Association of New
Zealand (Tuanz) "best of the best" prize at its 2011
innovations awards.
Dunedin South MP Clare Curran has been accused of "vitriolic
scaremongering" in her continuing attacks on Telecom in
speeches in Parliament and in press releases.
New entrants to the mobile telecommunications market have a
"golden opportunity" to win market share on the back of a
decision to cut fees, Massey University brand loyalty
specialist Prof Malcolm Wright says.
Telecom is cancelling dealership arrangements with three
Dunedin retail stores because of changes to the cellphone
market, which could eventually see other Telecom retail
dealerships close nationally.
State-owned internet provider Orcon yesterday entered the
mobile service market promising to shake up the competition
with no-catch plans and no fixed-term contracts.
Lower cellphone charges have come a step closer with a
Commerce Commission recommendation that the Government force
companies to drop their rates for cross-network calls.
