Tuesday 22nd January 2008
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SmartPay and its Wi-Fi business FIVO was selected ahead of several other national and international companies.
Telecom's General Manager of Mobile Products, Martin Butler, says SmartPay-FIVO was chosen for its experience and proven excellence in both electronic merchant services and Wi-Fi, and its ability to grow the Telecom wireless hotspot network.
SmartPay-FIVO chief executive Linc Burgess says the deal will see SmartPay become the most significant player in the Wi-Fi market.
"This fits into SmartPay's strategy to become New Zealand's leading integrated merchant services provider," he says.
Burgess says that combined with Telecom it now has around 600 revenue generating hotspots throughout New Zealand.
He says there are another 1,500 venues which "are eager to have access to our wireless hotspot networks."
"It is easy to see how the distribution mechanism will open up the full potential of broadband to both merchants and end users - we have no doubt that we are just at the start of the Wi-Fi revolution that will see immeasurable technology benefits for merchants and consumers."
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