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Thread ID: 88911 2008-04-14 08:24:00 Broadband and Home phone (or not) pine-o-cleen (2955) PC World Chat
Post ID Timestamp Content User
658662 2008-04-14 08:24:00 Ok here's the situation.

Building a new house, got phone line put in, but I am now deciding weather or not to actually use it.

At the moment I'm living with my folks and we have xnet 'river' plan, $33.95 / month then 0.1c per mb. We use between 2-4 gb / month.

I really want to stick it to Smellycom by denying them a customer, but the Vodafone plans look slightly too costly, or they want to lock you in for 2 years.

Now I decided we can survive with no home phone, but at the moment my wife and I are both on Vodafone pre-pay.

www.vodafone.co.nz

The Vodafone home phone and broadband plans look far too expensive, but they have a cheaper monthly phone connection + maintenance than telecom.

Basically I'm presenting you, the reader, with all this information to ask, which should I go for, or am I missing something ie/ is there a better option than what I have considered?

If you have managed to read this far, well done! You must care deeply for me, or you spend far too much time on PF1.

Thanks guys, and girls.
pine-o-cleen (2955)
658663 2008-04-14 11:59:00 I really want to stick it to Smellycom by denying them a customer, but the Vodafone plans look slightly too costly, or they want to lock you in for 2 years.

So you would rather support a British owned company, rather than a NZ owned company that is largely owned by NZ Mum and Dad investors, who have seen massive losses on their shares due to Government regulation?

I had heard both Vodphone and Tesltra are possibily pulling out of the NZ market, and Singapore owned Singtel could be a potential buyer.

You should look at Orcon. It is government owned, so the money you are paying stays in NZ, and it will probably become the next telecom in the future, as it has virtually unlimited funds for investment.
robbyp (2751)
658664 2008-04-14 12:39:00 I now have Xnet Fusion, it has all the usual bells and whistles plus a few, and you can happily have your internet and phone without ever dealing with Telecom. Just avoiding Telecom is a sufficient bonus for me. The cost and service level are just a substantial dollop of icing on a very pleasant cake. R2x1 (4628)
658665 2008-04-14 21:45:00 I have just been looking at T'com prices. Without wasting too much time on them , they seem to be way above those of xnet.

I am on xnet's flood plan. $49.95 per month plus a couple of cents per mb on downloads.Unlimited downloads and uploads.And upload at over 700kbps..My monthly bill about $53.

The most suitable T'com plan for me is about $75 with a 10 gig. cap.

Unfortunately I am stuck with T'coms line charges etc. And they are just going up again.

Robbyp, are you refering to t'com as a NZ owned company? If you are I don't give a stuff about the mum and dad investors. I hope the parasites lose every cent they have invested.
JJJJJ (528)
658666 2008-04-14 22:13:00 So you would rather support a British owned company, rather than a NZ owned company that is largely owned by NZ Mum and Dad investors

Its owned by AMERICA.
Yes some NZers have a few shares. That sure doesn't make them an NZ company.

There are other choices, Orcon as has been mentioned which IS an NZ company.
pctek (84)
658667 2008-04-15 00:08:00 Its owned by AMERICA.
Yes some NZers have a few shares. That sure doesn't make them an NZ company.

There are other choices, Orcon as has been mentioned which IS an NZ company.

It used to be, but not these days. The American companies that purcahesd it from the governemt, exited years ago, and it is now largely owned by NZ shareholders. Like our other NZ publicly listed companies, it also has offshore shareholders based in Austrlaia, US, Europe, but it is a 'NZ Strategic Asset' so it has to be larglyl NZ owned. I am surprised at how many people still don't know this.
robbyp (2751)
658668 2008-04-15 00:54:00 It used to be, but not these days. The American companies that purcahesd it from the governemt, exited years ago, and it is now largely owned by NZ shareholders.

Show me where this is stated.
All I can see is:
987
Telecom buys the telecommunications business of the New Zealand Post Office and becomes a State Owned Enterprise - a Government-owned business with a commercial focus.

The New Zealand telecommunications market is progressively deregulated and from April 1989 anyone can compete with Telecom.

1990
Telecom is sold to wholly owned subsidiaries of Bell Atlantic Corporation and Ameritech Corporation for NZ$4,250 million. A year later it lists on the New Zealand, Australian and New York stock exchanges.

1996
Telecom launches Internet service provider XTRA, which becomes New Zealand's most popular Web portal.

1999
Telecom cements its future as an Australasian company by buying 78 percent of AAPT Pty (AAPT) - Australia's third largest telco. Telecom raises its AAPT shareholding to 100 percent in December 2000.

2000
esolutions, an alliance of Telecom, EDS New Zealand Limited (EDS) and Microsoft New Zealand Limited, begins developing ecommerce products.

2004
Telecom acquires Gen-i and Computerland and integrates them with Telecom Advanced Solutions to create a much larger Gen-i offering a range of ICT solutions.

2005
Telecom launches its online shopping portal - Ferrit.co.nz

2006
Telecom sells its 90% shareholding in Telecom Samoa Cellular Limited to Digicel (Samoa) Limited

2007
Telecom announces the sale of Telecom's Yellow Pages Group to a private equity consortium consisting of CCMP Capital and Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, for NZ$2.24 billion.
pctek (84)
658669 2008-04-15 01:13:00 Show me where this is stated.
All I can see is:
987
Telecom buys the telecommunications business of the New Zealand Post Office and becomes a State Owned Enterprise - a Government-owned business with a commercial focus.

The New Zealand telecommunications market is progressively deregulated and from April 1989 anyone can compete with Telecom.

1990
Telecom is sold to wholly owned subsidiaries of Bell Atlantic Corporation and Ameritech Corporation for NZ$4,250 million. A year later it lists on the New Zealand, Australian and New York stock exchanges.

1996
Telecom launches Internet service provider XTRA, which becomes New Zealand's most popular Web portal.

1999
Telecom cements its future as an Australasian company by buying 78 percent of AAPT Pty (AAPT) - Australia's third largest telco. Telecom raises its AAPT shareholding to 100 percent in December 2000.

2000
esolutions, an alliance of Telecom, EDS New Zealand Limited (EDS) and Microsoft New Zealand Limited, begins developing ecommerce products.

2004
Telecom acquires Gen-i and Computerland and integrates them with Telecom Advanced Solutions to create a much larger Gen-i offering a range of ICT solutions.

2005
Telecom launches its online shopping portal - Ferrit.co.nz

2006
Telecom sells its 90% shareholding in Telecom Samoa Cellular Limited to Digicel (Samoa) Limited

2007
Telecom announces the sale of Telecom's Yellow Pages Group to a private equity consortium consisting of CCMP Capital and Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, for NZ$2.24 billion.

1990, a year later it lists on the stock exchange is when it changed. If you check the share register neither Bell Atlantic Corporation and Ameritech Corporation are substantial shareholders in telecom.


Substantial Shareholders
Name % Holding
Commonwealth Bank 10.5900
Westpac 6.9480
Mondrian Investment Partners Ltd 6.6780
AXA Asia Pacific Holdings Limited 6.5800
Brandes Investment Partners 5.6300

A lot of the rest is owned by NZ mum and dad investors.
robbyp (2751)
658670 2008-04-15 01:52:00 1990, a year later it lists on the stock exchange is when it changed . If you check the share register neither Bell Atlantic Corporation and Ameritech Corporation are substantial shareholders in telecom .


If at all . They sold out towards the end of the '90s .

Economist Bryan Gaynor - "so they finally sold out in seven - '98 - '99, so the space of eight of nine years - they - um - they probably tripled their money . I'm not including dividends, in the figures that I'm giving you . I'm just talking about pure capital profits . "

. caverock . net . nz/~bj/beech/sustainable/paper13 . htm" target="_blank">homepages . caverock . net . nz

The shareholder list does contain a lot of Banks, who knows who they are holding shares on behalf of .
PaulD (232)
658671 2008-04-15 02:14:00 If at all . They sold out towards the end of the '90s .

Economist Bryan Gaynor - "so they finally sold out in seven - '98 - '99, so the space of eight of nine years - they - um - they probably tripled their money . I'm not including dividends, in the figures that I'm giving you . I'm just talking about pure capital profits . "

. caverock . net . nz/~bj/beech/sustainable/paper13 . htm" target="_blank">homepages . caverock . net . nz

The shareholder list does contain a lot of Banks, who knows who they are holding shares on behalf of .

Yeah, the Americans made their quick profit and then exited stage left .

I am surprised at how many people still don't realise that Telecom is laregly owned by Mum and Dad investors, and how many people still thinks it is owned by the Yanks . It is actually largely NZ owned .

The thing is, that because the Government will see telecom as 'Strategic Asset', it will now block it being sold to an offshore company, which is one reason it's shareprice has dived recently . This means that it unlikely to get overseas investment . What does this mean? Well unless the government buys back part of telecom (which I think they will do now by making decisions to hammer down telecoms share price), there is unlikely to be any outside investment to build the next generation broadband network, aprt from the diminishing revenues they currently get .

Because the government own Orcon, any decisions they make that affect telecom, are actually a conflict of interest . They can make up laws to disadvantage telecom, and benefit heir own ISP Orcon . No wonder telecoms share price has dived .
robbyp (2751)
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