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

 


Flip becomes one of the fastest growing ISPs

Flip becomes one of the fastest growing ISPs

Innovative broadband provider, Flip, has amassed more than 10,000 customers in just over a This is largely due to the business, which is part of CallPlus Group, disrupting the NZ broadband market with its unique business model and price leadership.

“Flip is now starting to shake up the market and build strong brand awareness through its low pricing and excellent service,” says Flip GM, Michael Shirley.

“The business initially launched with a free broadband proposition, and a couple of months later introduced the most affordable unlimited bundle in the market. The market response has been The high uptake is a result of being the only ISP in the country fully utilising the CallPlus Wholesale LLU network, which significantly lowers input costs.

“Flip is a good example of a successful start-up built on the back of the structural separation of Telecom. After building our wholesale network we saw an opportunity to do the same thing, only differently. And in doing so we were able to pass the cost savings onto our customers.”

This is exemplified by Flip’s entry level broadband and homeline bundle which is just $55 per month and includes 10GB of data and free national calling. What makes Flip even more unique is that there is no contract giving its customers flexibility and peace of mind.

Shirley says Flip also has a unique online support model which further reduces its overheads.

“The model has been made possible by focussing on response times and building a
comprehensive self-service portal. This is the future of ISP’s the world over,” he says.

The business has some ambitious plans ahead and is now assessing an entry into the Fibre market. This, combined with other exciting initiatives, will form part of our plans to more than double the size of the business in the year ahead.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news