Goodbye Yahoo!Xtra, hello Yahoo! New Zealand

Forums › Spark New Zealand (including Skinny and BigPipe) › Goodbye Yahoo!Xtra, hello Yahoo! New Zealand

freitasm

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#81631 15-Apr-2011 17:32

Just received:

TELECOM AND YAHOO!7 CONFIRM CHANGE OF PARTNERSHIP
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.

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DjShadow

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#459224 15-Apr-2011 17:42

Will Telecom continue to provide xtra.co.nz e-mail addresses to new clients? (since its the last bit of the brand remaining)

freitasm

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#459232 15-Apr-2011 18:29

The official word is "Telecom customers' Xtra email addresses will not change and there will be no interruption to service. Telecom will continue to provide @xtra.co.nz email addresses to new and existing customers."

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charles2011

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#459259 15-Apr-2011 21:26

It seems that Yahoo! dumps Telecom, since the internet market in New Zealand have changed a lot during these years. Telecom is not the only or best choice for most customers nowadays.

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#459265 15-Apr-2011 22:17

charles2011: It seems that Yahoo! dumps Telecom, since the internet market in New Zealand have changed a lot during these years. Telecom is not the only or best choice for most customers nowadays.

And it wasn't when Yahoo! signed on with them either!

freitasm

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#459271 15-Apr-2011 22:52

charles2011: It seems that Yahoo! dumps Telecom, since the internet market in New Zealand have changed a lot during these years. Telecom is not the only or best choice for most customers nowadays.

Actually, from what I hear from people using multiple ISPs, Telecom is one of the two best ISP services around these days...

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#459278 15-Apr-2011 23:14

charles2011: It seems that Yahoo! dumps Telecom, since the internet market in New Zealand have changed a lot during these years. Telecom is not the only or best choice for most customers nowadays.

7pm - flatmate on telecom can play a 1080p youtube immediate on page load. I on slingshot cant even get the player showing in a reasonable timeframe. Same at mums on xnet.

Telecom is by far the best performing residential ISP. If you have moderate data usage requirements (< 80 gigs) and want a landline anyway, they would be my first recommendation. I suspect that they were not getting the value they were hoping for by having their "homepage" as yahoo as more and more people are just there for facebook so are dumping something that doesnt fit. Telecom did it years back with yellow pages and that was a very good move, this also is IMO.

Richard rich.ms