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Vodafone NZ moves into ISP game, buys iHug
Telecommunications
Vodafone NZ moves into ISP game, buys iHug | Vodafone NZ moves into ISP game, buys iHug |
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| by Stuart Corner | |
| Monday, 09 October 2006 | |
Vodafone New Zealand is implementing the company's global strategy to become a full spectrum telecoms service provider, with the acquisition of ISP ihug from Australia's iiNet (ASX: IIN).Featured Whitepaper
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“ihug staff are expected to be retained by the purchaser and will continue to grow the business,” said iiNet CEO Michael Malone. He added that iiNet would retain its own call centre in Auckland, which employs approximately one hundred people. "There is a five hour time difference between Perth and Auckland, and a very similar operating environment, making it an excellent place for us to maintain a presence.” Vodafone, globally, unveiled in June a wide ranging manifesto setting out major strategic shifts, the most radical of which was that it would be a 'total communications supplier' by, initially reselling DSL services and integrating PC, Internet and mobile services to offer 'seamless interoperability'. It has already moved into offering broadband services in the UK. In September the company signed heads of terms with BT Wholesale to provide its UK consumer customers with Vodafone-branded broadband service. It expects to launch the service before the end of the year as a bundled offering with Vodafone mobile services. The CEO of Vodafone UK, Nick Read, described the news as "further evidence of Vodafone delivering on its strategy and providing its customers with a total communications solution wherever they are." Vodafone NZ is also planning to launch a service on its mobile network that enables it to mimic a fixed line service with a fixed line tariff and PSTN number that operates on the cellphone when it is in or near the customer's home. {moscomment} |
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