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

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news