Vodafone hoping to stimulate exodus from XT
Vodafone hoping to stimulate exodus from XT
Vodafone is today readying itself to capitalise on Telecom's ongoing XT mobile network woes by aggressively chasing consumer and business customers.
Dene Mackenzie
Air New Zealand meets brokers' expectations
Air New Zealand meets brokers' expectations
New Zealand's national carrier Air New Zealand met brokers' financial expectations when it yesterday reported its profit for the six months ended December 31.
Forecasts revised: 12 up, nine down
Forecasts revised: 12 up, nine down
Forsyth Barr yesterday revised its company earnings per share forecasts as the major week of the current reporting season wound up.
Knickers fly for consummate performer
Knickers fly for consummate performer
Welsh entertainer Tom Jones last night treated a remarkably enthusiastic Dunedin audience to a master class of entertainment.
Backdown over private firm filing
Backdown over private firm filing
Commerce Minister Simon Power has bowed to political pressure and has backed away from forcing large private companies to publicly file their financial statements.
Dumping XT brand may be best, prof says
Dumping XT brand may be best, prof says
It could be in Telecom's long-term interests to dump the XT mobile network brand and revert to Telecom, University of Otago Professor of Entrepreneurship Brendan Gray said yesterday.
Inquiry into 111 options
Inquiry into 111 options
Communications and Information Technology Minister Steven Joyce has asked his officials to investigate options for emergency 111 calls to receive priority if mobile networks became unstable.
Survey bad news for Telecom
Survey bad news for Telecom
Results from an Otago Chamber of Commerce survey being undertaken this week are likely to contain bad news for Telecom as members vent their frustration and anger about continued interruption to their mobile phone coverage.
Sorry is not enough, Telecom says
Sorry is not enough, Telecom says
The patience of Telecom chief executive Paul Reynolds ran out yesterday as he fronted up to media and customers to explain about yet another XT mobile network failure, which left up to 220,000 customers south of Taupo without coverage on Monday.
Who will take responsibility for XT?
Who will take responsibility for XT?
Sharebroking firms have been quietly selling their clients out of Telecom shares since late last year when the first XT mobile phone network failure became public in December.
No move on phone charges
No move on phone charges
Mobile phone users waiting for lower charges through a Commerce Commission decision on termination charges will be disappointed.
XT failure response: Lowe goes
XT failure response: Lowe goes
The New Zealand business head of Alcatel-Lucent, the company responsible for installing Telecom's troubled XT mobile phone network, has taken the fall for the ongoing network problems.
Connection with workers shapes as key for employers
Connection with workers shapes as key for employers
Employers should get out and promote themselves to staff who are thinking of leaving for greener pastures, and remind them that they had been retained through one of the harshest downturns in history, an employment specialist says.
Wage data should show tide has turned
Wage data should show tide has turned
The week ahead should provide some proof that employment growth in New Zealand is back after two volatile years of recessionary redundancies and falling wages.
US news deflects attention from OCR
US news deflects attention from OCR
The Reserve Bank, as expected, kept its official cash rate unchanged at 2.5% but more interest was focused on developments in the United States, where the Federal Reserve kept its interest rates close to zero.
Law change may stall growth
Law change may stall growth
A proposal requiring large, privately-owned companies to publicly report their annual financial data could stymie economic growth, Otago Chamber of Commerce chief executive John Christie said yesterday.
Floating mortgages unlikely to change
Floating mortgages unlikely to change
Floating mortgage rates still sit at 40-year lows and are not likely to change in the short term, with the Reserve Bank expected to hold the official cash rate at 2.5% when it meets on Thursday.
Transtasman sharemarkets quiet after US slump
Transtasman sharemarkets quiet after US slump
Transtasman sharemarkets were subdued yesterday, a far cry from expectations of a major sell-off following a three-day slide in United States markets.
Slimmer, smarter, sustainable
Slimmer, smarter, sustainable
Sustainability has been one of the major considerations as Otago Polytechnic information systems and support staff Michael Collins and Steven Turnbull prepare for the 2010 influx of students. Business Editor Dene Mackenzie investigates.
KiwiSaver advice
KiwiSaver advice
Kiwisaver fund members are being urged to check the state of their savings and make a decision early this year whether their current plan is the best one available for their long-term plan.