A consortium of telcos has its eye on Asia rather than the United States as they unveil a plan for a new submarine internet cable between Auckland and Sydney.

A second internet link out of New Zealand announced today will not address Telecom's "monopoly" on international connectivity, says the Green Party.

Telecom, Vodafone and Telstra have unveiled a deal to build a new telecommunications cable between Auckland and Sydney in a bid to increase internet data capabilities.

Telecom says the threat of regulation on roaming charges will not change its plans for more changes to rates for its customers travelling overseas.

Telecom has made a radical shift in the way it buys advertising in the media. New Zealand's biggest advertiser spends about $25 million, an advertising industry source said, though the exact figure could not be verified at print time.

Telecom is apologising to some South Island customers who are having difficulty with phone calls.

Telecom has tapped former Vodafone NZ boss Tim Miles on the shoulder to head up Gen-i.

Telecom's goodwill gesture in the wake of last week's broadband outages has drawn criticism from customers who already get free national calls.

Broadband services are returning for hundreds of thousands of Telecom customers following an outage this morning.

Telecom has announced flat-rate data plans for its customers travelling overseas, with CEO Simon Moutter saying they would be easier for customers to understand.

Telecom has ruled out compensation for the thousands of customers across the country who went without broadband for several hours this morning.

Top mobile firm sheds 50,000 in 3 months.

Vodafone lost 50,000 mobile customers between July and September, on the back of similar losses in the New Zealand market earlier this year.

Analyst predicts Telecom faces major battle to fight off rival's bid for a greater share of broadband market.

New Zealand has some of the most expensive iPhone 5 plans compared to Australia, Britain and the United States.

In the old days, the office drove the business. Diana Clement finds a businessman who’s driving his office.