
Broadband rollout on schedule
Chorus says the rollout of ultra-fast broadband and rural broadband initiatives are on schedule, but growth in fibre connections is putting pressure on its capital expenditure.
Chorus says the rollout of ultra-fast broadband and rural broadband initiatives are on schedule, but growth in fibre connections is putting pressure on its capital expenditure.
Vodafone is on "shaky ground" in raising its fibre internet prices along with copper-line broadband charges, says InternetNZ.
The country's three biggest internet companies are planning to charge customers more from next month and the general manager at one of them doesn't think broadband will ever be as cheap as it was....
Some Aucklanders were without broadband for up to 12 hours after a fault with Chorus cut the internet connection.
Spark says it has 'no choice' but to hike retail prices for its home phone and broadband plans, a move that will kick in from February.
Cloud computing is built on data centres which are sprouting out of the ground like weeds at the moment around the world.
Martin Aircraft Company has extended its IPO for two weeks as the firm negotiates with a potential investor that could become a cornerstone shareholder.
Spark has warned that its prices could rise after the Commerce Commission this morning proposed a new wholesale rate that Chorus can charge retailers.
Check out a snapshot of some of the stellar performers on the New Zealand sharemarket this year, as it surged ahead breaking new records.
Chorus has decided not to anger its customers, and has pulled the proposals that could have led to slower broadband performance for everyone.
Chorus is seeing growth in its high-speed fixed line connections as it continues to roll out the bulk of the govt-sponsored ultrafast broadband fibre network.
Chorus’ proposed changes to wholesale broadband services are likely to breach “good faith” terms, according to legal advice received by the Commerce Commission.
Telecom and Chorus are having their first big squabble since they split up, with the phone and internet company complaining to regulators over its former network.
Chorus has cut a deal with Crown Fibre Holdings to bring forward funding of $178 million - though at a high interest rate.
Chorus's BBB credit rating was affirmed by Standard & Poor's with a negative outlook that reflects prospects for the network company's 'headroom' within financial covenants to shrink.
Talk on the outside says the fibre fast track process can only lead to one thing - the price going up and yet again favouring Chorus shareholders, writes Chris Barton.
Telecommunications network operator Chorus has lost a bid to dismiss a Commerce Commission determination setting the price for services on its copper lines.