Wellington awaits as CityLink upgrades Auckland Ethernet services
"We're raising the bar with increased network redundancy, flexibility, and speed of delivery.”
"We're raising the bar with increased network redundancy, flexibility, and speed of delivery.”
Despite a well-documented public desertion, the Rugby Sevens and the January sporting calendar of 2015 has helped generate record Wi-Fi traffic in Wellington.
Another boost to the Dunedin tech sector following the city's success in the Gigatown initiative.
CloudFlare, the internet performance and security company, has partnered with the Auckland Peering Exchange (APE).
Utility companies that use Wellington city's trolley bus overhead infrastructure have yet to receive any information about future use when the Greater Wellington Regional Council discontinues trolley bus services in 2017.
2Degrees has partnered with CityLink, and by tapping into the latter's Wholesale Wi-Fi service, is providing Wi-Fi connectivity to its customers in the Wellington CBD area.
CityLink has announced that it is expanding data centre capacity and services for businesses located in Wellington’s central business district.
CityLink is all set to move its routing and switching infrastructure to Juniper by the end of the first half of 2014.
Wellington investment firm Active Equities has sold down its shareholding in TeamTalk, which operates the CityLink fibre service.
TeamTalk has posted a $4.8 million profit for the year to June, a 24.5 percent increase on last year’s figure.
CityLink has taken a major hit by losing its flagship TVNZ content distribution network (CDN) contract to Akamai.
TeamTalk, owner of Wellington's CityLink fibre provider, has reported a net proft of $2.3 million for the six months to December 31, a 21 percent increase on the 2009 second half-year result.
Revenue from CityLink contributed significantly to the result, providing $6.8 million of the group's $15.6 million revenue for the half-year, up from $4 million the previous July-December period. The firm's radio division provided the rest of the revenue.
TeamTalk acquired a majority stake in CityLink in 2006, and later upped its ownership to 100 per cent.
The report accompanying the result notes: "The regulatory haze that has befuddled the telecommunications industry for the last two years is slowly clearing. The overall shape of the government’s policies in rural telecommunications, urban broadband and the cellular market is starting to emerge. Broadly speaking these policies will increase the penetration of generic broadband products but leave the markets for TeamTalk’s specialised products largely unaffected.
A shareholder at this week’s annual general meeting of TeamTalk sought assurances that the current dividend of 20 cents a share – unchanged from the previous year – would be maintained in the future. That wasn’t easy for directors to give.
TeamTalk’s results for the year to June 2010, released on the NZX today, show that its acquisition of CityLink in 2006 continues to bring benefits.
A reasonable rate of return on the Government’s national broadband fibre plans quite possibly won’t be achieved for 25 years, says former CityLink chief executive Neil de Wit. At best, it might begin to pay for itself in 15 years, he says.