Telecom broadband outages resolved
Telecom believes a problem affecting a small part of its North Island broadband network has been resolved.
Telecom believes a problem affecting a small part of its North Island broadband network has been resolved.
So Telecom is to become Spark, launch ShowMeTV and become "the Netflix of New Zealand", writes Chris Barton. What a confusing confluence.
The NZX will run out of steam unless companies, particularly the larger ones, can take advantage of the stronger economy, writes Brian Gaynor.
Telecom has unveiled a partnership with Spotify and will offer some mobile customers free accounts with the online music giant.
Telecom's ShowMeTV should cut another chink in Sky Television's armour built up over 25 years of being a pay television monopoly, writes John Drinnan.
Sky Network TV's share price has rallied sharply after the company produced a 22pc lift in its first-half net profit, appearing to shrug off any threat from Telecom.
Analysts are divided over Telecom's Spark rebrand and foray into internet TV with some labelling it a "bold approach" and others a "minor distraction".
Telecom has revealed its plan to become the Netflix of New Zealand by providing movies and TV shows to subscribers over the internet.
If Telecom harbours the spark of innovation its new name suggests, its internet TV venture could finally crack Sky TV's monopoly on premium content.
Telecom chief executive Simon Moutter says his company's name change is a "marker", showing that its future is very different from its past.
Private companies should change their names only after much consideration.
Telecom "hanging up"on its old name and brand threatens to eclipse the really big news for consumers this morning, Hamish Fletcher writes
Telecom intends to change its name later this year to Spark and will launch its own internet TV service called ShowmeTV.
A former Telecom employee has taken the communications company to court, appealing against his sacking for allegedly falsifying a medical certificate while holidaying in Fiji.
Telecom is expected to have attracted more mobile customers in the second half of last year.
Sky Network Television, New Zealand's dominant pay television operator, will no longer resell its service through Telecom, the nation's largest phone company.
NZ shares were mixed yesterday as investors cast forward to next month's earnings season, and as regional markets mulled this week's Federal Reserve meeting.
New Zealand shares fell yesterday as the market joined a region-wide decline, and was paced by retailers after the Warehouse Group joined Hallenstein Glassons in issuing a profit warning.
NZ shares rose to a two-month high, paced by Chorus, Kathmandu and Sky Network Television as the prospects of strong economic growth drew retail investors to the equity market.
Hackers are using Kiwis' email accounts to send out thousands of spam messages, and Telecom admits it still doesn't know the cause or scale of the problem.
Yahoo! Xtra email account users are being asked to delete any suspicious emails they receive as Telecom investigates a possible virus.