Telecom to extend smartphone network by xmas
Telecom will begin rolling out dual-carrier HSDPA to New Zealanders by Christmas, extending coverage to half the population during 2013.
Telecom Retail Chief Executive Chris Quin made the announcement after trials in Auckland proved successful.
“Telecom is committed to maintaining its Smartphone Network advantage and with more dual-carrier capable devices hitting the market, we believe investing in this technology and deploying it rapidly will make a real difference for our customers," Quin says.
“This comes on top of the already substantial investment Telecom has made in our Smartphone Network, which was built with smart phones in mind and covers 97% of the population with super-fast 3G coverage.
“We’ve begun by trialling dual-carrier technology with our Telecom people in Auckland, which - with 2,500 people - is a bit like trialling it in a small town.”
Shareholders re-elect directors to board At Telecom’s annual meeting in Auckland last shareholders were asked to vote on six resolutions all of which were supported by the Board. All resolutions were decided by poll.
Resolutions passed by shareholders were:
1. That the directors are authorised to fix the auditors’ remuneration (KPMG).
2. That Mr Mark Verbiest is re-elected as a director of Telecom.
3. That Mr Paul Berriman is re-elected as a director of Telecom.
4. That Mr Simon Moutter is elected as a director of Telecom.
5. Approval for the issue of up to 1,000,000 shares to Simon Moutter, under the Performance Equity Scheme during the period to 27 September 2015.
6. Approval for the issue of up to 2,500,000 share rights to Simon Moutter, under the Performance Rights Scheme during the period to 27 September 2015.