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

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news