By Phil Boeyen, ShareChat Business News Editor
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Monday 11th February 2002 |
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The contract is the third major win for the company's Australian subsidiary, TCNZA, since it was established two years ago.
TCNZA also manages the A$500m Commonwealth Bank telecommunications business and all voice services for Woolworths.
The five-year CBA contract came under scrutiny recently after Australian media reports that there were problems with the service, however Telecom has denied the allegations and says the contract is on track and has successfully met all its obligations to date.
Head of TCNZA, Karyn Devonshire, says the core elements of business under the Toll Holdings' contract are expected to be worth A$35 million.
""This contract gives support to the Australia-wide growth strategy of the Telecom NZ Group. Importantly, the Toll contract adds to the critical mass of our business, and may lead to further opportunity with Toll as its business grows."
A consortium led by Toll Holdings and stevedoring business Lang Corp recently won the right to buy Australia's National Rail/Freight Corp.
Ms Devonshire says her company's ability to work with IT&T providers and integrate voice, data and mobile communication services offers a flexible approach and a single point of accountability.
"By sourcing our technology from the 'best on the market', including AAPT, Connect, and other businesses in the Telecom NZ Group, as well as strategic partners Hutchison 3G and AOL Australia, we are well placed to grow and capture new business in Australia's 'Top 100' corporate and government market."
Toll Holdings says it needed a flexible, full service communications provider to grow with the company and the Telecom solution has come at the right time.
Telecom New Zealand flagged the new contract by TCNZA last week and says it is currently engaged in a number of major tender opportunities in the corporate and government markets.
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