|
Friday 2nd March 2001 |
Text too small? |
Telstra Saturn went live in Christchurch yesterday when chief executive Jack Matthews switched on the company's first customers to a new $200 million fibre-optic network.
Mr Matthews said consumers had already benefited from Telstra Saturn's presence in Christchurch by the reduction in charges announced recently by rival Telecom. The same thing happened in Wellington and would happen in Auckland when Telstra Saturn rolled out its services there, he said.
Telecom charges $36.34 for line rental in most parts of the country. When Telstra Saturn launched its residential telephone connection service in Christchurch for $29.95, Telecom matched this price, the first decrease in charges since 1988.
Since announcing its investment in Christchurch the company has connected 8000 households. Mr Matthews said in the next 24 months the network would pass 115,000 households.
No comments yet
TRA - Turners updates earnings guidance
March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion
PYS - PaySauce undertakes Minimum Holding buyback
March 17th Morning Report
Meridian Energy monthly operating report for February 2026
MCY - Mercury considers Green Bond offer
March 16th Morning Report
Metro Performance Glass FY26 Market Update
Devon Funds Morning Note - 13 March 2026