New Zealand - News, Features, and Slideshows

News

• F5 moves beyond load balancing, into security

  F5 plans to bear down on the security and cloud markets in Australia and New Zealand, F5 officials said at the F5 Agility Forum on the Sunshine Coast.

• Genesis breaks off ties with potential investor

  Genesis R&D (ASX:GEN) will seek a new option to fund an emergence from operational suspension, after potential investor UBNZ's former principal was arrested for bribery

• Fairfax to pursue Trade Me IPO

  Fairfax Media (ASX:FXJ) plans to float up to 35% of NZ online classifieds business Trade Me in an IPO on the NZX, and potentially the ASX

• Datasquirt halves FY11 loss

  Communications software developer Datasquirt (ASX:DSQ) cut its net loss for the year to March 51%, and moved into the black in Q4

• New Zealand government reveals cybersecurity strategy

  Less than a week after the Australian Federal Government announced plans for a [[artnid:388907|Cyber White Paper|new]], New Zealand authorities
  have followed suit with a cybersecurity strategy.

• Transfield wins $200m NZ contract

  Transfield Services' (ASX:TSE) NZ telecom subsidiary has secured an NZ$260m deal to help Enable Networks design and roll out the Christchurch leg of the UFB fibre network

• NZ Government moves to cut mobile rates

  New Zealand's Commerce Commission has cut wholesale mobile termination rates in an effort to open up the country's telecommunications market amid fears that current rates are hampering competition.

• Christchurch disaster may cost Westpac $74m

  Last month's Christchurch earthquake may cost Westpac's NZ subsidiary up to NZ$100m ($73.9m) in credit losses for the March half-year, the company disclosed

• Telecom NZ may benefit from more deregulation

  NZ regulator ComCom has found that 88 of the backhaul links offered by Telecom NZ (ASX:TEL) face enough competition that regulated access obligations need not apply

• Telcos and data centre providers rally in Christchurch, NZ

  As the recovery of Christchurch, New Zealand, continues in the wake of last week’s earthquake, telecommunication providers and data centre operators in the country have re-established operations and are now fund raising for victims.

• CIO world view

  A roundup of people, news and events from global CIOs.

• Kiwi dataminer looks for Sydney partner

  New Zealand-based business intelligence company, Datamine, is preparing to ramp up its trans-Tasman presence by wooing potential Sydney suitors.

• MGM Wireless wins NZ govt certification

  School SMS services provider MGM Wireless (ASX:MWR) said it has received confirmation that its EN truancy notification service meets NZ government requirements

• Kordia unit buys business telco Bizo

  New Zealand telecom operator Kordia has acquired business communications and managed services provider Bizo for an undisclosed sum

• TelstraClear looking for damage after power surge

  Telstra's (ASX:TLS) NZ subsidiary TelstraClear is reaching out to customers in around 200 homes to see if any of their devices were damaged by a power surge at one of its roadside cabinets