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

 

Telecom Sets New Direction

Telecom Sets New Direction

Last week, a new regulatory regime was announced that fundamentally changes the telecommunications market in New Zealand.

“Telecom understands that the public supports these changes. We are committed to reviewing our strategy and future planning to respond to the new environment,” Telecom Chairman, Dr Roderick Deane, says.

The new environment will require a different approach from Telecom. Dr Deane said he wanted to make it abundantly clear that the Board and management recognise the need for this to occur.

A team of senior executives has been established to develop recommendations for Telecom’s new direction. It will be lead by Theresa Gattung, working with executive team members Kevin Kenrick and Mark Ratcliffe.

The objectives will encompass several major elements:

- Reshaping the company’s overarching strategy;

- Reviewing wholesale arrangements, including an in-depth review of lessons from models in other countries;

- Implementing Voice over Internet options for business and residential customers;

- Developing the roll-out of faster, interactive Next Generation Broadband services based on ADSL2+;

- Developing simpler, easy-to-use services reflecting the convergence of fixed and mobile services;

- Facilitating personalised customer-driven combinations of services, in a simple and easy to use way;

- Simplifying the operating model and customer offerings to facilitate lower costs and lower prices, including wider use of self-service arrangements.

These expand on a number of initiatives that we have been working on for some time.

Dr Deane said that the Telecom Board supports fully the company’s Chief Executive, Theresa Gattung, and her management team in pursuing this new direction.

“Telecom is a cornerstone of New Zealand’s modern economy; our networks and our services are part of the daily lives of all New Zealanders. We take that very seriously.

“We remain committed to providing a world-class telecommunications service to all New Zealanders and to doing our best to ensure that the provision and use of telecommunications services in New Zealand continue to thrive in the new environment.”

Telecom will be making a further announcement about aspects of these changes in June.


ENDS

© 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>>

Elsewhere:


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>>

ALSO:


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>>

ALSO:

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>>