Labour communications spokesperson Clare Curran criticised Chorus asking government for a $100 million bailout to rollout the UFB network while posting a healthy $171 million net profit for 2013.
She says Communications Minister Amy Adams decision to price copper broadband the same as fibre amounts to giving the company a $100 million copper tax.
Curran says it’s even more extraordinary that Chorus can use competitive copper pricing in the areas where it doesn’t control the fibre roll out.
She says: “In other words Chorus can undercut the three smaller taxpayer UFB companies in Northland, the mid-North Island and Canterbury in order to protect its own business. This is called pocket pricing; it is an extraordinary rort.”
- Samsung puts its money behind Windows 8 with four new slim PCs in the Ativ range. Prices range from NZ$1349 for a 13 inch touch screen laptop to the pricey Ativ Book 9 Plus which weighs in at a whopping $2499 – about a third more than the flagship MacBook Air. It claims the same 12 hour battery life, so it could be a hit with Windows 8 fans, if there is such a thing.
- Who says crime doesn’t pay. Auckland-based security specialist
Wynyard says it is on track to meet its revenue target (broken link) of $21.5 million . Managing director Craig Richardson said the company is benefiting from global media and attention on using technology to fight organised crime.