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

 


Strongest Quarter Yet For Broadband

Strongest Quarter Yet For Broadband

Broadband in New Zealand recorded its highest growth yet in the three months to the end of 2004.

At 31 December 2004, Telecom had 122,805 residential broadband connections, a 65% increase during the quarter.

“This was the quarter when broadband began to hit the mainstream,” Telecom Chief Executive Theresa Gattung said today. “We’re well on the way to our target of 250,000 residential broadband connections by the end of 2005.”

Among the 48,356 additional residential broadband connections, 14% were to competitors under the new Unbundled Bitstream Service (UBS), launched during the quarter. The 48,356 additional connections includes about 7000 customers upgrading from 128kbps JetStart plans.

“We’re pleased with how this new service for competitors has started, and we expect it to grow even faster after the launch of 1 and 2Mbps UBS services in March,” Ms Gattung said

Telecom also recorded an 11% growth in business broadband connections.

In total, Telecom had 168,272 broadband customers at 31 December 2004, including both residential and business connections.

In addition to the 122,805 residential broadband connections, there were 16,000 remaining customers on 128kbps JetStart plans which are not included in Telecom’s broadband figures.

Telecom believes other providers of broadband were also experiencing similar growth.

“Anecdotally, we’re hearing that the whole industry is experiencing new interest in broadband, and carriers delivering services on their own networks appear to have had similar surges in sales at the end of the year,” Ms Gattung said.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news