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: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news