Stories by Jenny Keown

Chink in the mobile-phone duopoly

Two men and a photocopier is how Vodafone executives cheekily described mobile start-up Econet, now rebranded as 2degrees.
It took the new telephone company (telco) a decade and an investment of $250 million to build a national 2G Network and put Vodafone back in its box. Last August, 2degrees launched New Zealand's third mobile network, and it was quickly evident that New Zealanders were ready for an alternative to Telecom and Vodafone.

Written by Jenny Keown20 March 10 22:00

Telecom NZ defers talk on Australia

Telecom New Zealand's recently appointed chief executive Paul Reynolds has conceded the company's market position in Australia isn't sustainable in the long term and says competitive pressures are placing "extreme margin pressure" on its corporate IT division, Gen-i.
However, Mr Reynolds told an ABN Amro-hosted presentation to institutional investors in Sydney last week that Telecom NZ would not make strategic decisions about whether to sell or develop parts of its Australian business until next year.

Written by Jenny Keown10 March 08 22:00