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

 

Myrtle Rust: Infections Found At 26 Sites

The affected properties include private gardens, plant nurseries and retailers and an orchard. The stats stand at: 21 properties in Taranaki, 3 in Northland and 2 in Waikato. More>>

Burgers To America: BurgerFuel Opens In The USA

BurgerFuel Worldwide are excited to announce the opening of their first USA based restaurant in Indianapolis, hot off the back of the Indy 500. More>>

English On Budget: Businesses Over-Egg Corporate Tax Cuts

Cutting New Zealand's 28 percent corporate tax rate is "not a panacea in the way business groups sometimes market it," says Prime Minister Bill English. More>>

ALSO:

Auckland Port To Recapture Gas: Union Calls On Ports To Stop Spewing Methyl Bromide

The Maritime Union of New Zealand welcomes the decision by Ports of Auckland to stop releasing methyl bromide emissions into the air. The move to fully recapture the toxic gas after fumigation sets a new benchmark for industry best practice. More>>

ALSO:

Retail: Banks Shoes Calls In Receiver

Banks Group, which runs 14 stores across the country under the brands including Banks Shoes and Shoe Connection, has been tipped into receivership at the request of director John Bank. More>>

ALSO: