Telecom has made a radical shift in the way it buys advertising in the media.
New Zealand's biggest advertiser spends about $25 million, an advertising industry source said, though the exact figure could not be verified at print time.
Telecom chief marketing officer Jason Paris confirmed last night that the company had dropped its media buying agency Starcom, ending a media buying arrangement dating back to the launch of Telecom in 1987 through associated firm Saatchi & Saatchi.
Saatchi & Saatchi will continue to have a role making commercials for the company.
Telecom has formed a new agency along with the DDB Group, where it will be the sole client, using the arrangement to build strategies to target customers in digital campaigns.