Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Telecom says goodbye to Yahoo!Xtra portal to be renamed Yahoo! New Zealand
Posted on 15-Apr-2011 17:33 | Tags Filed under: News



As part of their continued relationship, Telecom NZ and Yahoo!7 have today announced changes to the ownership of Yahoo!Xtra.

As part of the changes Telecom has sold its shares in Yahoo!Xtra to Yahoo!7. Yahoo!7 therefore owns 100 percent of Yahoo!Xtra. Prior to this agreement Telecom New Zealand owned 49 percent and Yahoo!7 owned 51 percent. The current commercial partnership for Yahoo!7 to support Telecom’s broadband customer base will continue.

The Yahoo!Xtra business will rebrand to Yahoo! New Zealand with all Yahoo!Xtra staff remaining employed by Yahoo! New Zealand.

Alan Gourdie, Telecom Retail CEO, said in the coming months customers will notice changes to the branding on the site, however Yahoo!7 and Telecom remain firm partners. Yahoo! New Zealand will continue to deliver Telecom customers the same services as today such as Yahoo! Mail, Flickr and My Yahoo!

“The Yahoo!Xtra business has been extremely successful over the past few years. The internet is a fast moving industry and it makes sense for both businesses to evolve the ongoing relationship,” says Mr Gourdie.

According to Greg Brown, Chief Financial Officer, Yahoo!7: “Yahoo!Xtra is already New Zealand’s favourite homepage and is a profitable company. Telecom customers and all New Zealanders will be able to continue to access the great local and international content along with the Yahoo! services that they have come to love.”

This sale is not material for Telecom NZ and does not result in any change to guidance.






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Father banned from watching daughter's netball game: what you think of this?
Created by Rikkitic, last reply by minimoke on 22-May-2017 20:15 (118 replies)
Pages... 6 7 8


Automate "Dumb" Heatpump
Created by Paul1977, last reply by Paul1977 on 22-May-2017 23:15 (35 replies)
Pages... 2 3


Tailgaters?
Created by Linuxluver, last reply by Oblivian on 22-May-2017 23:01 (57 replies)
Pages... 2 3 4


The President Of The USA: Donald Trump
Created by TimA, last reply by DarthKermit on 22-May-2017 20:12 (4356 replies)
Pages... 289 290 291


Can I record a Sky programme using my Panasonic hard disk recorder?
Created by PSLog, last reply by JimmyH on 21-May-2017 13:42 (34 replies)
Pages... 2 3


Credit Card Chargeback Advice - Viagogo
Created by firefuze, last reply by Goosey on 22-May-2017 22:21 (29 replies)
Pages... 2


Chorus Exchange Locations
Created by stubbed, last reply by DarthKermit on 22-May-2017 12:27 (44 replies)
Pages... 2 3


Massive global ransomware attack affecting 74 countries and counting
Created by joker97, last reply by vulcannz on 22-May-2017 09:45 (148 replies)
Pages... 8 9 10