Sharechat Logo

Telstra Saturn lights up

Friday 2nd March 2001

Text too small?
By Chris Hutching

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.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Heartland announces DRP strike price and AUD FX rate
Devon Funds Monthly Investor Report - August 2025
THL - Strategic initiative update - Australian Retail Sales
September 8th Morning Report
September 5th Morning Report
Meridian Energy Green Bond offer closes
KMD Brands Investor Day 2025
Devon Funds Morning Note - 4 September 2025
FBU - Fire doors investigation
SDL - Governance and Management Changes