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


First Two Commercial Number Agreements Signed

31 March 2006

First Two Commercial Number Agreements Signed

Singapore based International Sports Television Pte Ltd (ISTV), which recently signed an agreement to market a range of Plus SMS Ltd products, has concluded the first two international short code number agreements on the Sub Continent and Australasia.

Making the announcement, Plus SMS chairman, Jim Bracknell, says both agreements - to license international short codes - are subject to Plus SMS approving the manner in which the numbers are to be used.

He says the first agreement is with a company that intends producing a quiz show, hosted by a major Bollywood star, for national and digital television in India. The second agreement is to provide a location based subscription service for parents in Australia and New Zealand to track their children's movements using the latest satellite tracking technology via an internet portal.

Mr Bracknell says that in each case, the pricing of the agreement consists of a licensing component, coupled with guaranteed monthly minimum revenue. The minimum value of each agreement is expected to exceed $Aus2.5 million.

"We are at a point where the market is becoming increasingly aware of the manifold applications of the Plus SMS products and these first two contracts demonstrate that it is willing to pay a good price for the benefits our products can deliver," says Mr Bracknell.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>