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

 


Rural gives TelstraClear sale the tick

30 October 2012

Rural gives TelstraClear sale the tick

If the sale of TelstraClear to Vodafone increases both broadband penetration and mobile network coverage, then Federated Farmers will welcome it.

"The two things we want are faster and deeper broadband penetration into rural New Zealand along with enhanced mobile network coverage," says Anders Crofoot, Federated Farmers Telecommunications spokesperson.

“To me, the numerical reduction in the number of telecommunication competitors is potentially outweighed by the scale and competitive pressure this brings.

“Instead of having a number of bit players, the acquisition of TelstraClear by Vodafone means a major competitor to Telecom. Whatever happens from now on in, the landscape has changed and farmers will benefit from the competition and services it will spur.

“With market share brings the case for network investment and with regulatory hurdles now cleared, it marries TelstraClear's strong fibre network, its radio spectrum and content, with Vodafone’s mobile operations.

“As we noted a few months ago, as TelstraClear is a Sky reseller, Vodafone gets the opportunity to integrate this content with what it offers rural customers. That means multiple delivery channels now and into the future.

"As Vodafone will have some 29 percent of the broadband market in a combination of wired and wireless, it helps the business case for a 4G mobile network.

“That is something we are incredibly keen on in order to get ultra fast broadband into the nation’s paddocks to boost productivity," Mr Crofoot concluded.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news