Telecom New Zealand - History

History

In 1987 the New Zealand Post Office divested itself of the newly created Telecom, which was created as a state-owned enterprise (SOE) on 31 March. The Government-owned Telecom Corporation was to have a commercial focus. It purchased telecommunications assets from the Post Office for NZ$3.2 billion and work began on improving the services and network. Telecom launched its 025 mobile network and TDMA mobile data network. Beginning in 1987, the New Zealand telecommunications market was progressively deregulated.

Read more about this topic:  Telecom New Zealand

Famous quotes containing the word history:

    The history of the world is none other than the progress of the consciousness of freedom.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    I believe that history might be, and ought to be, taught in a new fashion so as to make the meaning of it as a process of evolution intelligible to the young.
    Thomas Henry Huxley (1825–95)

    To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.
    Thomas Jefferson (1743–1826)