Kordia - News, Features, and Slideshows

News

• Telco Levy… Another new tax, another broken promise?

  "This Bill has been introduced under urgency and doing so avoids any public debate."

• Kordia tunes into video web streaming platform with Parliament TV deal

  Telco launches new video web streaming platform designed to simplify delivery and improve the quality of live video feeds to the internet.

• Kordia steps up ME market offerings with Vadacom cloud partnership

  “Vadacom has a wealth of experience in the ME market having provided PBX solutions to more than 500 businesses."

• Kordia makes play for NZ medium-enterprise market

  Tech provider targets medium-enterprise businesses with “full throttle” internet via a direct, reliable and stable network connection.

• Kordia first Australasian telco to go live on Microsoft Azure’s ExpressRoute service

  Auckland-based telecommunications provider becomes first Australasian telco to connect with, and provide, a private access service to Microsoft’s Azure platform via ExpressRoute.

• Kordia adds AWS Direct Connect to offerings

  Kordia New Zealand has announced availability of the AWS Direct Connect service for its customers, by which they can access scalable, pay-as-you-go cloud computing services.

• Commerce Commission receives applications to review UCLL pricing

  The Commerce Commission has released a consultation document for the final pricing principle (FPP) of the Chorus unbundled copper local loop (UCLL) service.

• Kordia sells Orcon to private investors

  Kordia has sold Orcon to a group of private investors led by Vivid Networks director Warren Hurst.

• Industry has its say on Kordia review

  State owned telecommunications company Kordia is undergoing a strategic review and is in consultation with the Crown over its future.

• Kordia posts loss due to digital TV switch asset-writedown

  Kordia has reported a loss of $14.7 million for the year to June 30, due to a $21.9 million impairment charge.
  In operating terms, the company made a $7.2 million profit on revenue of $295 million. This compares with $258 million for the 2009-2010 year.
  The $21.9 million impairment charge that plunged Kordia into the red for 2010-2011 was due to a reduction in the carrying value of its network broadcast assets in the lead-up to the switching off of analogue television transmission and issues relating to the February Christchurch earthquake, the company says in a statement announcing the yearly result.
  The statement notes: "On 16 September 2010, the Government announced that the date for the switch over to digital television would commence in September 2012, with completion by late 2013. Kordia had planned for a later switch over. Accordingly the Group reassessed the carrying value of the Network broadcast assets."
  $20 million of the impairment was due to the asset write-down, and $0.9 million due the earthquake.
  Kordia's ISP, Orcon, recorded a 31 percent rise in revenue, and the Kordia solutions division saw a 12 percent increase.

• Look who's talking? Kordia and Pacific Fibre

  In January Kordia was talking up its Optikor trans-Tasman cable project, but lately the rhetoric has changed, and the SOE now appears to want to work with Pacific Fibre rather than be its rival.

• Kordia posts loss on analogue TV asset write-down

  An asset write-down related to the government’s decision to bring forward the switch from analogue to digital TV to 2012 has caused Kordia to post an $18 million loss for the six-months to December.

• Kordia 'quietly optimistic' about trans-Tasman cable

  Kordia remains in the game to launch a second international fibre-optic cable connecting New Zealand to Australia, despite rival cable project <a href="http://computerworld.co.nz/news.nsf/news/pacific-fibre-funding-round-nets-55-million?Opendocument&amp;HighLight=2,Pacific,Fibre">Pacific Fibre</a> gathering momentum.

• Rural Broadband goes down to the wire

  The request for proposals for the $300 million Rural Broadband Initiative (RBI) closes tomorrow, with bids still being put together at the eleventh hour.

• Kordia launches free Wi-Fi

  Kordia is offering free wi-fi at selected cafes in some of Auckland&#8217;s most popular tourist areas &#8211; Newmarket, Ponsonby, Parnell and Viaduct.