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In Brief: Telecom New Zealand gets more bad news
Analysts in New Zealand are seeing the green light for Vodafone's move into local phone service as a big problem for incumbent major Telecom New Zealand.
New Zealand's Commerce Commission Monday issued a draft determination allowing free local calls between Vodafone's wireless network and Telecom's fixed-line grid, a move that will allow basically free interconnection between the two systems and the ability for Kiwis to use their cells as a home telephone.
IDC New Zealand analyst Chris Loh told the Herald that the decision "will substantially accelerate the decline of Telecom's business."
Others pointed out that fixed-line service makes up about half of embattled Telecom's revenues.
Vodafone officials said the decision would only serve to increase the company's 20-percent share of the total telecom market.
The government will take comment on the draft next month.
Copyright 2006 by United Press International
IDC New Zealand analyst Chris Loh told the Herald that the decision "will substantially accelerate the decline of Telecom's business."
Others pointed out that fixed-line service makes up about half of embattled Telecom's revenues.
Vodafone officials said the decision would only serve to increase the company's 20-percent share of the total telecom market.
The government will take comment on the draft next month.
Copyright 2006 by United Press International
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