Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Migration From 025 To 027 Continues At Pace


MIGRATION FROM 025 TO 027 CONTINUES AT PACE

Telecom today confirmed its long-term plan to eventually close down its 025 network once the great majority of customers have upgraded to 027.

“We’ve been actively encouraging customers for some time to upgrade to 027 which offers more services and options for customers,” General Manager Mobile Kevin Kenrick said today.

“The momentum around the shift to 027 is really gathering pace and on the current trajectory, we expect to reach the switch-over point towards the end of 2007.

“We’ll be working with customers between now and then to ensure they can take advantage of the benefits of upgrading to 027.”

“We’re well ahead of where we expected to be by now with customers upgrading to 027,” Mr Kenrick said.

The migration numbers have required a $110 million pre-tax non-cash write-down of the value of the 025 network. The network write-down was foreshadowed in Telecom’s quarterly results announcements during 2003/2004.

The 025 network has been superseded by the establishment of the 027 network in 2001 and the recent announcement of New Zealand’s first 3G mobile network – which will offer a portfolio of new services, including ultra-high speed data services, video messaging and Push-to-Talk.

Mr Kenrick said the closure of the 025 network would be a logical step given the development of CDMA and 3G network technology.

“025 was the first mobile service in New Zealand and, while it has served New Zealanders incredibly well for the past 17 years, the success of 027 and the 3G announcement means it will soon be time to move on,” Mr Kenrick said.

“We value our customers’ loyalty to Telecom, and will continue to talk to them about ways we can make it as easy as possible to upgrade networks.

“And we will be launching a number of initiatives to ensure customers truly benefit by upgrading their mobile service,” Mr Kenrick said.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: