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

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news