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

 


CallPlus Group buys Orcon

CallPlus Group buys Orcon
20 June 2014

CallPlus Group has today announced it has purchased ISP Orcon.

Orcon joins CallPlus’ other residential ISPs, Slingshot and Flip, to take the group to 15% market share, with over 220,000 customers.

The privately-owned, New Zealand-based group now has more than 500 staff, and a turnover in excess of $200m.

CallPlus Group CEO Mark Callander says the company now has three challenger brands which appeal to different segments in the market, and the company is strongly positioned to further take on the big boys.

Most importantly, the purchase creates scale that will ultimately deliver benefits to all customers within the CallPlus Group, Callander says.

Callander says it is business as usual for Orcon – and there are no intentions to change the brand or its position in the market.

“We have always respected Orcon as a competitor. Orcon has a very loyal base of customers which it deserves through its innovation and great services over the years. Orcon fits well in our business and appeals to a different market segment than our existing internet brands. We now have something for all New Zealanders”.

“Our focus is on enabling further growth and success for the business. Orcon has been a leader in UFB services, and we see a very strong future based on the solid stronghold it has already established.”

Orcon CEO Greg McAlister says the sale sees Orcon in good hands.

“Orcon and CallPlus share a vision of constantly improving New Zealand’s broadband. Both companies come from similar can-do Kiwi backgrounds, and it’s great to know Orcon will continue to thrive in years to come.”

The deal becomes final July 1. The purchase price is undisclosed.

Ends

About CallPlus:

Established in 1996, CallPlus is New Zealand’s largest 100% Kiwi-owned fixed line, voice, mobile and internet company offering a full range of communication services in both business and residential markets through its CallPlus, Slingshot, Flip and now Orcon brands. The company has a strong focus on innovation, service delivery and building customer value which has contributed to the significant customer and revenue growth over the past ten years.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news