Telecom New Zealand
Type	Public
Founded	1987
Headquarters	Wellington, New Zealand
Key people	Simon Moutter, acting CEO (from 30 June 2007) Dr Paul Reynolds, CEO (from 27 September 2007) Wayne Boyd, Chairman[1]
Industry	Telecommunications
Products	Telecom
Revenue	NZ$5,605 million (2005)
Employees	6,500+ in New Zealand 2,000 in Australia
Slogan	Connecting New Zealanders
Website	telecom.co.nz

Telecom New Zealand (NZX: TEL ASX: TEL NYSE: NZT) is a Wellington, New Zealand-based telephone company and, through its subdivision Xtra, an internet service provider. It has been run as a publicly-traded private company since 1990. It is also New Zealand's second largest mobile operator. Telecom is the largest company by value on the New Zealand Exchange (NZX) and movements in its share price have a great influence on the index of movements in the top 50 companies. Further, it is the 39th largest telecommunications company in the OECD^[2]. Image File history File links Telecom. ... This article does not cite any references or sources. ... Alternative meanings at Wellington (disambiguation) A view of Wellington from the top of Mount Victoria. ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... Look up revenue in Wiktionary, the free dictionary. ... This article is about work. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... New Zealand Exchange Limited (NZX) is the successor to many decades of a New Zealand stock exchange run as a non-profit body. ... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... For the first Duke of Wellington, see Arthur Wellesley, 1st Duke of Wellington. ... A telephone company (or telco) provides telecommunications services such as telephony and data communications. ... Xtra Limited (trading as Xtra), a subdivision of Telecom New Zealand, is New Zealands largest Internet service provider. ... “ISP” redirects here. ... Several examples of non-folding mobile phones. ... New Zealand Exchange Limited (NZX) is the successor to many decades of a New Zealand stock exchange run as a non-profit body. ... The Organization for Economic Co-operation and Development (OECD) is an international organization of those developed countries that accept the principles of representative democracy and a free market economy. ...

Telecom was formed in 1987 from a division of the New Zealand Post Office and privatised in 1990. The selling price is still considered by many to be extremely low, given that Telecom had a monopoly of all phone lines in New Zealand at the time.^{[citation needed]} Some consider that the decision to privatise Telecom was a mistake & that it would have been better to keep Telecom as a government entity.^{[citation needed]} Others consider that the capital requirements to modernise the network were better provided by private enterprise than the government.^{[citation needed]} The New Zealand Post Office was a New Zealand government department until 1 April 1987. ... Privatization (sometimes privatisation, denationalization, or — especially in India — disinvestment) is the process of transferring property, from public ownership to private ownership. ... This article is about the economic term. ...

History

1987

• The New Zealand Post Office divests itself of the newly created Telecom which was created as a State Owned Enterprise (SOE) on March 31, 1987.
• The Government-owned Telecom Corporation is to have a commercial focus. It purchases telecommunications assets of the Post Office for NZ$3.2 billion and work begins on improving the services and network.
• Telecom launches its 025 mobile network and TDMA mobile data network. The New Zealand telecommunications market is progressively deregulated.

is the 90th day of the year (91st in leap years) in the Gregorian calendar. ... Year 1987 (MCMLXXXVII) was a common year starting on Thursday (link displays 1987 Gregorian calendar). ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ...

1990

• Telecom is sold to two United States-based telecommunications companies, Bell Atlantic and Ameritech, for NZ$4.25 billion [1]. The two companies today still have part-ownership of the company ^{[citation needed]}.

• Clear Communications (now TelstraClear), begins the first network to compete with Telecom.

• The Kiwi Share agreement is drawn up and part of this agreement retains free local calling for residential customers.

Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... Categories: Corporation stubs | Communications companies of the United States | Defunct companies | Telephone companies | Public Utilities ... Ameritech (American Information Technologies) is a U.S. telecommunications company that arose out of the 1984 AT&T divestiture. ... Clear Communications was a telecommunications company based in New Zealand. ... TelstraClear is New Zealands second largest full-service telecommunications company. ...

1991

• Telecom lists on the New Zealand, Australian and New York stock exchanges.

This article is about the state. ...

1992

• Telecom implements a NZ$200 million dollar fibre-optic cable connection between Australia and New Zealand.

1993

• Ameritech and Bell Atlantic reduce their shares in Telecom to a combined 49.6%.
• BellSouth (now Vodafone) sets up the first mobile network to compete with Telecom.

See stock (disambiguation) for other meanings of the term stock A stock, also referred to as a share, is commonly a share of ownership in a corporation. ... BellSouth Corporation was an American telecommunications holding company based in Atlanta, Georgia. ... Vodafone Group Plc is a mobile network operator headquartered in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £84. ... Motorola T2288 mobile phone A mobile phone is a portable electronic device which behaves as a normal telephone whilst being able to move over a wide area (compare cordless phone which acts as a telephone only within a limited range). ...

1995

• Clear Communications reaches an agreement on local service interconnection.
• Telecom creates First Media Ltd to develop a cable television network across Auckland and Wellington, called First TV

Clear Communications was a telecommunications company based in New Zealand. ... First TV was the name of a cable television network that was operated in Auckland and Wellington by Telecom New Zealand] in the 1990s First Media was a wholly owned subsidary of Telecom NZ. First Media ran the two cable operations in Auckland and Wellington which traded as First...

1996

• Telecom establishes a telephone exchange in the United States for international traffic.
• Telstra New Zealand Limited (now TelstraClear) sets up operations in the New Zealand business market.
• Telecom launches an Internet Service Provider, Xtra, which is New Zealand's largest internet service provider today.

A telephone operator manually connecting calls with patch cables at a telephone switchboard. ... “ISP” redirects here. ... Xtra Limited (trading as Xtra), a subdivision of Telecom New Zealand, is New Zealands largest Internet service provider. ...

1997

• Saturn Communications Limited (now TelstraClear) enters the residential phone market in Wellington.
• Telecom buys back NZ$1 million of its shares.

1998

• Ameritech sells down its 24.8% shareholding in an international public offering.
• Bell Atlantic issues exchangeable notes that are convertible into the Telecom shares that it owns.
• Telecom celebrates 500,000 mobile customers connected to its mobile network.
• Southern Cross Cables Limited, half owned by Telecom, announces plans to build a fibre-optic cable linking New Zealand with Australia and North America.
• Vodafone New Zealand buys BellSouth and starts a campaign to attract Telecom customers to its network.

Vodafone Group Plc is a mobile network operator headquartered in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £84. ...

1999

• Telecom establishes a presence in Australia, buying 78% of AAPT, Australia's third-largest telecommunication company.
• Telecom upgrades its nationwide payphone network to smart card technology.
• Telecom's fast Internet service based on ADSL technology, called JetStream, is launched and rolled-out progressively in local exchanges.
• Telecom begins charging customers who connect to the Internet using a local dial up number forcing all ISPs in New Zealand to change to an 0867 dial up number. Many consumers complain that this is in breach of Telecom's Kiwishare Agreement where residential customers are allowed free local calling.

AAPT is Australias 3rd largest land line telecommunications company and is a wholly owned subsidiary of Telecom New Zealand. ... Asymmetric Digital Subscriber Line (ADSL) is a form of DSL, a data communications technology that enables faster data transmission over copper telephone lines than a conventional modem can provide. ... Jet streams are fast flowing, confined air currents found in the atmosphere at around 12 km above the surface of the Earth, just under the tropopause. ...

2000

• Xtra signs up its 300,000th customer.
• Telecom Mobile, the mobile division of Telecom, celebrates 1,000,000 customers connected to its mobile network.
• The New Zealand Government conducts a comprehensive review of the regulatory regime.
• Telecom raises its AAPT shareholding to 100%.
• Telstra merges New Zealand operations with Saturn to form TelstraSaturn Limited.

Politics of New Zealand takes place in a framework of a parliamentary representative democratic monarchy. ...

2001

• The Government passes the Telecommunications Act, setting up a Telecommunications Commissioner.
• Telstra buys Clear Communications to form TelstraClear.

TelstraClear is New Zealands second largest full-service telecommunications company. ...

2004

• Telecom won the Roger Award for The Worst Transnational Corporation operating in New Zealand.

The Roger Award For The Worst Transnational Corporation Operating in New Zealand is an annual media campaign run since 1997 by two left-wing activist organisations, Campaign Against Foreign Control of Aotearoa and GATT Watchdog. ...

2005

• Telecom releases Bitstream, a 256kbit ADSL service sold at wholesale prices (at approximately 10% below the retail price) to other ISP's.

• Telecom's mobile customers find out that their privacy and security is not safe on the Telecom network, when a phreaker named ^god releases an exploit to the media allowing access to almost anyone's voicemail.

• Telecom posts a profit of $NZ 916 million.

Phreaking is a slang term for the action of making a telephone system do something that it normally should not allow—in the words of one former practitioner, making the phone company bend over and grab its ankles. Sometimes, phreaking will be considered illegal, like in the act of... {{ It is proposed that this article be deleted, because of the following concern: Advertisement of non-notable software; identical content to DS EXPLOit If you can address this concern by improving, copyediting, sourcing, renaming or merging the page, please edit this page and do so. ... Voicemail (or voice mail, vmail or VMS, sometimes called messagebank) is a centralized system of managing telephone messages for a large group of people. ...

2006

• May 3: The New Zealand Government announces that it will require Telecom to unbundle the local loop to provide "access to fast, competitively priced broadband internet".[2]
• May 4: NZ$ 1.1 billion of its market capitalisation was wiped off following the announcement. [3]
• May 9: An audio clip recorded on March 2 was released involving Telecom CEO Theresa Gattung admitting the use of confusion as a chief marketing tool in the industry. The March recording also dismissed the New Zealand Government as "too smart to do anything dumb" with regards to regulation. [4]
• May 19: A video titled "Telecon" incorporating the May 9 audio clip and a dubbed Telecom ad was released. Telecom got it removed from YouTube but it is still available at other locations. [5] Telecon commercial
• June 27: Telecom announces it will voluntarily separate its business into two operating entities - Wholesale and Retail. [6]
• November 28: The Telecommunications Amendment Bill is introduced to split Telecom into three business units, with network access separated from the wholesale and retail units. ^[3]

is the 123rd day of the year (124th in leap years) in the Gregorian calendar. ... New Zealand functions as a constitutional monarchy with a parliamentary system of government. ... In telecommunications, the local loop is the wiring between the central office (telephone exchange in British English) and the customers premises demarcation point. ... is the 124th day of the year (125th in leap years) in the Gregorian calendar. ... Market capitalization, often abbreviated to market cap, mkt. ... is the 129th day of the year (130th in leap years) in the Gregorian calendar. ... Theresa Gattung serves as the CEO of New Zealands largest telecommunications company, Telecom. ... New Zealand functions as a constitutional monarchy with a parliamentary system of government. ... is the 139th day of the year (140th in leap years) in the Gregorian calendar. ... YouTube is a popular video sharing website where users can upload, view and share video clips. ... is the 178th day of the year (179th in leap years) in the Gregorian calendar. ... is the 332nd day of the year (333rd in leap years) in the Gregorian calendar. ...

2007

• January 16: The Librarians Association of New Zealand put in a complaint about a Telecom advertisement where 3 young school children state that, "Only dumb kids read books, brainy kids have broadband." Originally Telecom stated that is the views of the young children and not Telecom and the advertisement was unscripted, later that week Telecom choose to edit the advertisement to remove the comments made by the children.
• January 19: It is reported that Paritai Drive, one of the richest streets in Auckland, is still not capable of receiving a Broadband DSL service and there are many other well populated areas around New Zealand still not capable of receiving broadband. Opposition Woosh Wireless immediately tested their service in the area and gave residents the opportunity to join their Wireless Broadband service. [7] [8]
• February 2: Telecom announces Director and CEO Theresa Gattung will be stepping down effective 30 June 2007 and a search for a new CEO will begin immediately.^[4]
• February 5: Telecom announces that from March of 2007 they will begin rolling out ADSL2+, more than a year after originally stated for roll out.
• March 31: The 025 D-AMPS cellular network is closed down.^[5]
• April 1: All NZ telecommunications providers including Telecom introduce number portability.
• May 2007: British Telecom have been in discussion with the New Zealand government regarding Telecom's monopoly control of the NZ broadband network. Three to four years previously, British Telecom were in a similar position to that which NZ Telecom are now in; the British broadband network has since been broken up and the NZ government are keen to learn and possibly copy the development/regulatory/investment model used by the British firm.
• May 2007: The Auckland Chamber of Commerce has publicly stated that if Telecom do not invest in a next-generation high-speed network, comparable with that of other Western nations, they will fund a private fibre-optic based service in the 100 megabit speed range. The proposed coverage of this would be within 200m of a path running south from Auckland CBD (situated to allow as many businesses as possible to connect). Any company or private individual within this range would be offered a connection.
• June 28: Telecom announces that Dr Paul Reynolds, then CEO of BT Wholesale has been selected to replace Theresa Gattung as the new CEO. His employment will commence on 27 September.^[6] Simon Moutter has been appointed as acting CEO in the interim.^[7]
• June 30: Theresa Gattung steps down with a reported leaving payment of $5.125 million in cash and 12 weeks annual leave owing.^[8]

is the 16th day of the year in the Gregorian calendar. ... is the 19th day of the year in the Gregorian calendar. ... For other uses, see Auckland (disambiguation). ... Broadband in telecommunications is a term that refers to a signaling method that includes or handles a relatively wide range of frequencies, which may be divided into channels or frequency bins. ... DSL may refer to: Damn Small Linux Dark and Shattered Lands, a MUD based loosely on Forgotten Realms and Dragonlance books. ... is the 33rd day of the year in the Gregorian calendar. ... Theresa Gattung serves as the CEO of New Zealands largest telecommunications company, Telecom. ... is the 36th day of the year in the Gregorian calendar. ... TU G.992. ... is the 90th day of the year (91st in leap years) in the Gregorian calendar. ... IS-54 and IS-136 are second-generation (2G) mobile phone systems, known as Digital AMPS (D-AMPS). ... is the 91st day of the year (92nd in leap years) in the Gregorian calendar. ... Number portability is the practice of allowing customers to transfer their telephone numbers from one telephone operator (PSTN, mobile, IP-based or other) to another. ... BT Group plc (which trades as just BT, and is commonly known by its former name, British Telecom) is the privatised former British state telecommunications operator. ... For other uses, see Auckland (disambiguation). ... is the 179th day of the year (180th in leap years) in the Gregorian calendar. ... BT Group plc (formerly British Telecommunications plc) which trades as BT (also previously as British Telecom and is still commonly known as such amongst the general public) is the privatised UK state telecommunications operator. ... is the 181st day of the year (182nd in leap years) in the Gregorian calendar. ...

Telecom Mobile

Telecom Mobile is New Zealand's second-largest mobile operator, with about 49% [9] market-share, slightly behind Vodafone. Telecom used to operate AMPS, Digital D-AMPS/TDMA and currently operates CDMA. AMPS and D-AMPS service was sold under the 025 brand and CDMA services are sold under the 027 brand. Telecom turned off the 025 network on 31 March 2007 [10]. Most of its customers had migrated to the 027 network. The 027 CDMA EV-DO network is marketed as T3G, a 2 MB third-generation mobile system. A mobile network operator (MNO), also known as wireless service provider, wireless carrier, mobile phone operator, or cellular company, is a telephone company that provides services for mobile phone subscribers. ... Vodafone Group Plc is a mobile network operator headquartered in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £84. ... Advanced Mobile Phone System or AMPS is the analog mobile phone system standard, introduced in the Americas during the early 1980s. ... IS-54 and IS-136 are second-generation (2G) mobile phone systems, known as Digital AMPS (D-AMPS). ... Time division multiple access (TDMA) is a channel access method for shared medium (usually radio) networks. ... General Information Generically (as a multiplexing scheme), code division multiple access (CDMA) is any use of any form of spread spectrum by multiple transmitters to send to the same receiver on the same frequency channel at the same time without harmful interference. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

On the 8 June 2007, Telecom announced a plan to build a hybrid W-CDMA/UMTS-CDMA network, based on the WCDMA HSPA technology, to replace its current CDMA EV-DO network. Construction is planned for late 2007 or late 2008 with current CDMA phones guaranteed by Telecom to work for the next five years. W-CDMA (Wideband Code Division Multiple Access) is a type of 3G cellular network. ... Universal Mobile Telecommunications System (UMTS) is one of the third-generation (3G) mobile phone technologies. ...

Customer numbers and market share

The following shows customer numbers and market share information for Telecom Mobile, including both the now-shut-down 025 network and current 027 network customers (these refer to Telecom Mobile's numbers starting with 025 and 027). Since Vodafone New Zealand took over BellSouth in the late 1990s Telecom's market share has dropped every year. This article does not cite any references or sources. ...

In 2005 Telecom launched New Zealand's first 3G network, using the brand name T3G. Being first into the 3G market, along with aggressive marketing and a $10 a month text message package, has allowed Telecom to claw back some market share from Vodafone. In November 2005 Telecom reported 72,000 new mobile phone customers, compared to 27,000 for Vodafone.

Telecom also has the advantage over Vodafone in phone number availability. Telecom Mobile's 027 network has 10 million numbers available, while Vodafone has only 3.4 million available.

Criticism

While there are now many competitors in the cellular, toll-call and internet markets, Telecom continues to be criticised for using its status as a former general monopoly and current local-loop monopoly to charge high prices whilst providing, in some people's opinion, poor service; On XTRA Broadband it used to cost over $1200 to download 100GB of data in a month, plus monthly access fees (at residential rates, business was more expensive). Prices have since dropped as competition in the broadband market becomes stronger (for example, residential and business can now have an unlimited data plan for $44.40). The unlimited plans have since been removed as Telecom found it was unable to deliver the speeds promised. Traffic management was meant to be applied over p2p and related traffic, but was instead implemented over all traffic. It has proved difficult for other companies to establish residential services due to Telecom’s control of local loop services. Telecom has also leveraged its control of residential services to establish the country’s largest ISP, Xtra “ISP” redirects here. ... Xtra Limited (trading as Xtra), a subdivision of Telecom New Zealand, is New Zealands largest Internet service provider. ...

Competitors have alleged that Telecom engages in unfair practices to prevent them from gaining ground, for example by resellsing broadband capacity to Xtra at lower prices than to other ISPs.

In July 2005, two dozen Internet service providers formally complained to New Zealand's Commerce Commission via a letter. [11] Notably absent from the list of signatories were Telecom’s ISP, Xtra, and several ISPs owned by its main competitor, TelstraClear. Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... “ISP” redirects here. ... TelstraClear is New Zealands second largest full-service telecommunications company. ...

Telecom’s response

In an article published on 25 October 2005, Telecom claimed one reason for poor broadband uptake in New Zealand was because of the fact New Zealand residential subscribers enjoy free local calling. Telecom stated “customers have the option of moving to faster broadband services, but free local calling creates a disincentive by allowing them to use dial-up for as long they want” (i.e. they do not have to pay a per-minute call charge while using dial-up, unlike many other countries where local calls are charged for). However, some internet experts and competitors disagreed and even the secretary of the OECD took a shot at Telecom. is the 298th day of the year (299th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...

Late 2005, early 2006

Telecom failed to reach their self imposed goal of around 83,333 wholesale broadband customers by the end of 2005. During her opening address to parliament, Prime Minister Helen Clark criticised the state of the internet in New Zealand ^[9]. This was followed by extensive criticism in the media such as in two high profile television programmes, in two episodes of Campbell Live (whose major sponsor is Telecom), during which CEO Theresa Gattung was challenged by host John Campbell, and an episode of the New Zealand edition of Sunday. Critical articles have been published by various magazines and newspapers, including the largest newspaper, the New Zealand Herald. Of significance, many of these were lengthy and high profile articles compared to many previous articles critical of Telecom — among the most noticeable of these was published by the National Business Review, in which it was stated that “Far from being ‘Xtraordinary’, as its multimillion dollar advertising would have you believe, Telecom is strangling the nation’s advancement.". While in Wellington for an ICANN meeting, Vint Cerf was reported to have made a personal visit to David Cunliffe, the telecommunications minister where it is believed he recommended that Telecom be unbundled ^{[10] [11]}. The New Zealand Government investigated whether it needed to force Telecom to unbundle the network, thereby allowing other companies access and improving broadband service for consumers. Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... For other persons named Helen Clark, see Helen Clark (disambiguation). ... Campbell Live is a half hour current affairs programme weeknights at 7pm, following 3 News on TV3 hosted by New Zealand TV personality John Campbell. ... John Campbell John Campbell is the presenter of Campbell Live, a primetime 7. ... Sunday is a public affairs program on Australian television. ... The New Zealand Herald is a daily broadsheet newspaper published in Auckland, New Zealand. ... The National Business Review is a weekly New Zealand newspaper aimed at the business sector. ... ICANN headquarters ICANN (IPA /aɪkæn/) is the Internet Corporation for Assigned Names and Numbers. ... Vinton Gray Cerf (born June 23, 1943) (last name pronounced just like the English word surf) is a American computer scientist who is commonly referred to as one of the founding fathers of the Internet for his key technical and managerial role, together with Bob Kahn, in the creation of... David Cunliffe closing the 2005 Auckland BioBlitz David Richard Cunliffe is a New Zealand politician. ...

In a decision by the New Zealand Government on May 3, 2006 - Telecom has been forced to unbundle the local loop. This will allow competitors (such as TelstraClear and Ihug) to offer broadband and other communications services throughout New Zealand by installing their own equipment in the exchanges. ^{[12] [13]}. The announcement of this decision was rushed as the documents were leaked to Telecom who advised the government of the leak. It was widely reported that the government had intended to make the announcement during the budget 2006. Most of Telecom's competitors and many independent commentators such as InternetNZ and Paul Budde have applauded the decision. Legislation will have to be introduced to enable the regulatory changes. Three other political parties, New Zealand First ^[14], the Green Party ^[15] and United Future ^[16] all appear to support the decision which would give the government at least 66 votes if there are no votes against the party line. is the 123rd day of the year (124th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... In telecommunications, the local loop is the wiring between the central office (telephone exchange in British English) and the customers premises demarcation point. ... TelstraClear is New Zealands second largest full-service telecommunications company. ... Ihug is New Zealands third largest ISP (behind Xtra and TelstraClear). ... Broadband in telecommunications is a term that refers to a signaling method that includes or handles a relatively wide range of frequencies, which may be divided into channels or frequency bins. ... New Zealand First functions as a political party in New Zealand. ... Wikinews has related news: Greens Party refines Buy Kiwi Made scheme The Green Party of Aotearoa New Zealand is a political party in the New Zealand parliament. ... Current United Future logo United Future New Zealand is a political party in the New Zealand parliament with eight MPs-- seven list MPs, and one electorate MP, leader Peter Dunne (see MMP for the difference). ...

Following the events of May 2006 the company was hit by a series of other decisions. Firstly, the Commerce Commission announced that it would rule on the contentious issue of mobile telephone termination charges. Then, in early-June, the Commission announced that calls between a landline and a mobile phone within a geographically defined boundary could be connected free of termination charges. The ruling allows Vodafone to establish a mobile phone product which can also provide free local calling, in direct competition with a product for which Telecom has long had a monopoly (The government, when it sold Telecom, enshrined free residential local calling as something it must continue with). Then, the Commerce Commission granted two of Telecom's competitors, CallPlus and ihug, access to an unrestricted, Unbundled Bitstream Service, which would allow them to provide competitive broadband services. Vodafone Group Plc is a mobile network operator headquartered in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £84. ...

Finally, the company announced the voluntary separation of its business into two separate entities - Wholesale and Retail ^[17]

The Government introduced the Telecommunications Amendment Bill in November 2006 to force Telecom to open its network to competitors. If passed, the bill will split Telecom into three business units, with network access separated from the wholesale and retail units. ^[3]

2007

On February 1, 2007 the Consumers' Institute gave its "supreme ass award" for bad products to Telecom for its Xtra broadband service, Consumers Institute executive director David Russell claimed that since Telecom "unleashed" its broadband speeds, the institute had been "inundated with complaints of slower speeds and frustrating cutouts".^[18] is the 32nd day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... The Consumers Institute of New Zealand is a non-profit organisation which was founded in 1959, and has the stated aim of getting New Zealand consumers a fair deal. It is a member of Consumers International. ...

Effects of monopoly

The New Zealand Treasury once estimated the economic loss from Telecom's (now former) monopoly to be in the region of $50–$250 million a year. Another study commissioned in 1998 by competitor Clear (now TelstraClear) estimated that the loss was $400 million a year. Telecom now faces competition in all areas- cellular, internet, toll-calls and, subject to ongoing developments, in local calling. The New Zealand Treasury (in Māori, Kaitohutohu Kaupapa Rawa) is a public sector organisation and is the Government’s lead advisor on economic and financial policy. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... TelstraClear is New Zealands second largest full-service telecommunications company. ...

References

The New Zealand Herald is a daily broadsheet newspaper published in Auckland, New Zealand. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 90th day of the year (91st in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 32nd day of the year in the Gregorian calendar. ...

External links

• Telecom New Zealand Website
• Telecom's ISP Xtra
• Yahoo! - Telecom Corporation of New Zealand Limited Company Profile
• Telecon - Telecom Parody

v • d • e S&P/ASX 50 companies of Australia

AGL Energy Limited · Alumina Limited · Amcor Limited · AMP Limited · Aristocrat Leisure Limited · Asciano Limited · ASX Limited · Australia and New Zealand Banking Group · AXA Asia Pacific Holdings Limited · BHP Billiton Limited · Bluescope Steel Limited · Brambles Industries Limited · Centro Properties Group · Coles Group Limited · Commonwealth Bank of Australia · CSL Limited · Fairfax Media Limited · Foster's Group Limited · Goodman Group · GPT Group · Insurance Australia Group Limited · Lend Lease Corporation Limited · Macquarie Airports · Macquarie Bank Limited · Macquarie Infrastructure Group · Mirvac Group · National Australia Bank Limited · Newcrest Mining Limited · News Corporation · Orica Limited · Origin Energy Limited · Publishing & Broadcasting Limited · Qantas Airways Limited · QBE Insurance Group Limited · Rio Tinto Limited · Santos Limited · St George Bank Limited · Stockland · Suncorp-Metway Limited · Tabcorp Holdings Limited · Telecom Corporation Of New Zealand Limited · Telstra (Installment Receipts) · Telstra Corporation Limited · Toll Holdings Limited · Transurban Group · Wesfarmers Limited · Westfield Group · Westpac Banking Corporation · Woodside Petroleum Limited · Woolworths Limited · Zinifex Image File history File links This is a lossless scalable vector image. ... The S&P/ASX 50 index is a stock market index of Australian stocks listed on the Australian Stock Exchange from Standard & Poors. ... AGL Energy Limited (ASX: AGK) is an Australian company involved in generating and selling electricity and natural gas. ... Alumina Limited is a public company listed on the Australian Stock Exchange. ... Amcor Limited (ASX: AMC) is an Australian-based multinational packaging company. ... AMP Limited building in Melbourne. ... Aristocrat Leisure Limited ASX: ALL is an Australian company, which has its administrative centre in the Sydney suburb of Lane Cove, although the majority of its research and development is done at its Rosebery site. ... Asciano Limited (ASX: AIO) is an Australian transport infrastructure and operations company. ... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... The Australia and New Zealand Banking Group Limited (Australia and New Zealand Banking Group Limited; ASX: ANZ, NZX: ANZ, NYSE: ANZ), commonly called ANZ, is the third largest bank in Australia, after the National Australia Bank and the Commonwealth Bank. ... Not to be confused with Sun Life Financial. ... Billiton redirects here. ... BlueScope Steel is a flat product steel producer with operations in Australia, New Zealand, Asia, the Pacific and North America. ... Brambles Industries is an Australian-headquarted multinational group of companies specialising in logistics, including waste management, document management, and other logistical issues. ... Centro Properties Group Limited (ASX: CNP) is an Australian company (also known as an Australian Stock Exchange listed stapled entity) that is a property investor and manager mainly in shopping centres in Australia, New Zealand and the United States. ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... The Commonwealth Bank of Australia (ASX: CBA) is one of the largest financial institutions in Australia, founded in 1911 by the Australian Government. ... CSL Limited is an Australian-based manufacturer of medical products. ... It has been suggested that John Fairfax Holdings be merged into this article or section. ... Fosters Group is a beer group with interests in brewing, wine-making and soft drinks. ... General Property Trust Limited (ASX: GPT), trading as GPT Group, is an Australian company (also known as an Australian Stock Exchange listed stapled entity) that is a property investor and manager in Australia, Europe and the United States. ... Insurance Australia Group Limited (IAG) is an Australian publicly-listed company with its shares traded on the Australian Stock Exchange as ASX: IAG. The company was formed by the demutualisation of the NRMA Insurance business in July 2000 and a return of shares to the members of NRMA. According to... Lend Lease Corporation Limited is an Australian-based multinational property management and investment company. ... Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of products and services to investors, corporations and government. ... Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of services to businesses individuals. ... Mirvac Group (ASX: MGR) is a diversified property investment and management group in Australia with more than $20 billion of assets under control across the investment, development, and hotel and funds management spectrum. ... The National Australia Bank or nab (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637) colloquially the National or the NAB. The NAB is part of the NAB Group. ... Newcrest Mining Limited (ASX: NCM) engages in the exploration, development, mining and sale of gold and gold-copper concentrate. ... 1211 Avenue of the Americas (Sixth Avenue), where News Corporation is based News Corporation (abbreviated to News Corp) (NYSE: NWS, NYSE: NWSa, ASX: , LSE: NCRA) is an American media conglomerate company and one of the worlds largest. ... Orica is a multinational corporation that manufactures various chemical products. ... Origin Energy logo Origin Energy ASX: ORG is an Australian gas and electricity company. ... Publishing and Broadcasting Limited, or PBL, is one of Australias major media companies. ... Qantas (pronounced ) is the name and callsign of the worlds third oldest continuously running independent airline behind KLM Royal Dutch Airlines and Avianca. ... QBE Insurance Group Limited ASX: QBE is an Australian based general insurance provider, providing insurance services mainly to the Asia Pacific region, but also America and Europe. ... Rio Tinto is a multinational mining and resources group founded originally in 1873. ... Santos Ltd. ... St. ... Stockland is a diversified Australian property development company. ... Formerly Suncorp, Metway, and QIDC, Suncorp Metway is an Australian finance, insurance, and banking corporation and Australias sixth largest bank and fourth largest general insurance group. ... Tabcorp Holdings is an Australian company with interests in gaming and wagering. ... Telstra Corporation (ASX: , NZX: TLS, NYSE: TLS) (formed from Telecom Australia) is an Australian telecommunications and media company under private ownership, with a dominant position in landline telephone services, a large share of mobile phone services, domestic consumer (including dial-up access, 50% of Broadband internet broadband cable modem, satellite... Telstra Corporation (ASX: , NZX: TLS, NYSE: TLS) (formed from Telecom Australia) is an Australian telecommunications and media company under private ownership, with a dominant position in landline telephone services, a large share of mobile phone services, domestic consumer (including dial-up access, 50% of Broadband internet broadband cable modem, satellite... Toll Holdings is Australias largest transport company, with units or divisions in trucking, rail, sea and air transport. ... Transurban is an Australian transnational Corporation which buys toll roads all over the world. ... Wesfarmers (ASX: WES) is one of Australia’s largest public companies, with its headquarters in Perth, Western Australia. ... The Westfield Group is a multinational company that owns shopping centres in Australia, New Zealand, the United Kingdom, and the United States. ... Westpac Banking Corporation ASX: WBC NZX: WBC, usually called Westpac, is the fourth largest bank in Australasia, after the National Australia Bank, Commonwealth Bank of Australia and ANZ and one of the largest banks in the South Pacific. ... Woodside Petroleum Limited is an Australian petroleum mining company. ... Woolworths Limited is a major Australian company with extensive retail interest throughout Australia and New Zealand. ... Zinifex is an Australian company which operates two zinc and lead mines, three zinc refineries and a lead smelter. ...