Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Telecom New Zealand has formed a joint venture with Yahoo!7 to be called Yahoo! Xtra, to deliver a range of online content and application services for New Zealanders. It will replace the existing XtraMSN site with the initial Yahoo! Xtra services due to go live around 1 March 2007.
Telecom says that customers of its ISP, Xtra, will not need to change their email address or face increased subscription costs as a result of the change.
Telecom CEO, Theresa Gattung, said the joint venture would provide New Zealanders "with access to the world's best online services in a localised way." Telecom is promising to deliver "an enhanced range of news, sport, weather, and messaging services," and "a range of premium online services with mail, enhanced spam and virus protection management, online photo sharing, localised news and internet radio properties progressively becoming available after the initial launch."
Yahoo! Xtra will contact Xtra customers early in the New Year to provide details about the new services and Telecom says a team is already working to ensure the upgrade will be as seamless as possible.
Telecom will have 49 percent in the JV and Yahoo!7, a joint venture between Yahoo! Inc and the Seven Network in Australia, 51 percent. When the joint venture company is formed Yahoo!7 and Telecom New Zealand will each have three board members, with Yahoo!7 appointing the Chairman.
David Bass
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