
Chorus shares plunge again
The Government has launched an independent probe of Chorus' financial position and its ability to deliver on nationwide ultrafast broadband contracts.
The Government has launched an independent probe of Chorus' financial position and its ability to deliver on nationwide ultrafast broadband contracts.
The Government will tomorrow reveal more on its response to the Commerce Commission slashing broadband prices as Chorus' share price continues to tumble.
A Chorus investor has lashed out in a personal email to the Commerce Commission's Stephen Gale and said yesterday's broadband price cut was a "misguided decision".
Editorial: Only in the most extraordinary of circumstances should any government consider over-ruling the Commerce Commission.
Internet companies are promising to pass on a big chunk of a price cut announced yesterday - one even says its customers could save $7.50 a month on their bills.
Prime Minister John Key is refusing to rule out dramatic intervention such as injecting taxpayer cash into network company Chorus.
Chorus will force the Commerce Commission to go back to the drawing board to work out broadband charges.
To accept the idea of being under constant observation is to accept imprisonment - ironically by the Land of the Free, writes Chris Barton.
Chorus would get "windfall gains" and have an incentive to "go slow" building the ultra-fast broadband network if the Govt intervenes in the copper internet market, says Vector.
Telecom has raised the amount of mobile internet data offered in its new "4G-ready" plans, but some say users will still chew through monthly allowances.
What's his game? Is the PM misinformed? Or deliberately spreading misinformation? Chris Barton looks at the issues on the copper tax debate.
Telecom, the country's biggest internet and phone company, says it supports intervention on copper prices.
Vodafone has hit out at "ill-conceived" intervention in the copper broadband market proposed by the Government.
Economic Development Minister Steven Joyce's "arm twisting" of would-be participants in a campaign fighting for lower internet prices is linked to the Government's "shabby deal" over ultra-fast broadband with network company Chorus, said Mr Cunliffe.
Economic Development Minister Steven Joyce has confirmed he persuaded would-be participants in a campaign fighting for lower internet prices not to take part.
Telecommunications Users association head Paul Brislen and Chorus chief executive Mark Ratcliffe present both sides of the internet pricing debate.
Transfield Services, the Australian company hired to roll the ultra-fast broadband network across much of New Zealand, says it is taking action to pay its New Zealand subcontractors.
Dozens of subcontractors working on the Government's ultra-fast broadband network have not been paid for weeks of work on the project.
Hundreds of workers employed in the rollout of ultra-fast broadband have reportedly downed their tools after not being paid.
There's a Machiavellian hand at work in Amy Adams plans to raise the cost of broadband for New Zealand consumers, writes Chris Barton.