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
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