Telecom Inventory
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New Zealand mobile operator Telecom will be the first to sell smartphones running on the new Windows Phone 8 platform in the country, saying that the first devices will be available later in the week. Microsoft’s share of the global market of 2.7% is a far cry from Samsung and Apple’s, but both the company and experts are optimistic the new operating system will help the Redmond-based company regain some ground and possible present itself as serious competition in the smartphone market.
According to Telecom, the new Nokia Lumia 920 will already be available by Friday, followed by Chinese telecom operator, Huawei’s 8S phone coming on December 6. The new Lumia handset will cost around $999 while the 8S will be priced at $499. By February, Telecom will also start selling the latest handset from Samsung that will run on the Windows Phone 8 OS, the Samsung Ativ S, which costs $799. Microsoft is also planning to launch its own line of smartphone devices, after the release of its own tablet device, the Surface.
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by Jane Lee and Jonathan Swan for BRISBANE TIMES
“The deal is a natural one, bringing together TelstraClear’s fixed telecommunications and data products and corporate client-base with Vodafone New Zealand’s mobile offering and retail customer base.” - David Thodey, Chief Executive Officer, Telstra
Continue reading about the sale here
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Vodafone NZ is set to buy TelstraClear, a wholly owned New Zealand subsidiary of Australia’s telecom company, Telstra. The $840 million deal is expected to compete with New Zealand’s own Telecom, setting up a challenge to the latter companies domination of the local market.
Almost 50% of the current NZ market relies on Telecom’s services. With the latest development, Vodafone NZ, which is a subsidiary of British telecom giant Vodafone PLC, is set to acquire TelstraClear’s voice and data services, along with its network infrastructure and customers. The acquisition may also serve as a precursor for the roll-out of high-speed broadband in the country. Neighboring Australia has already made headway in its own National Broadband Network Project.
The current customers of TelstraClear have been assured of service continuity with the acquisition. Fixed wireless communication services and data products will also be provided upon the deal’s regulatory approval.
Read more on the acquisition here
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The former head of Telecom in New Zealand, Paul Reynolds has been reported to be receiving $1.75 million as his last payment, pushing his total remuneration since 2007 to almost $24 million. Reynolds, who left the communication firms last Friday, gets the almost two million termination payment which is equivalent to his annual base salary.
Telecom’s Chairman, Mark Verbiest, said “Paul [Reynolds] would have been entitled to 12 months’ total base remuneration if the company had given him notice post de-merger, but in that scenario he would have only been obliged to remain with the firm for three months.”
Read more about the million-dollar last pay
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Telecom, which shed a heavy regulatory burden when it carved out its network unit Chorus last year, will trial new mobile technology to cash in on the government’s plan to sell high-frequency spectrum when it switches off the analogue television network.
The phone company will conduct live customer trials of long-term evolution (LTE) mobile technology as it shifts its network to 4G capability, which will provide faster data connections and allow for more applications, Telecom said in a statement.
