breaking news - straight from the lips of a 'im not drunk' nz communications executive in a ponsonby bar during the wee small hours of this morning.

looks like we wont be hearing anything from these guys for a while.

and when we do it will be them announcing there departure rather than a launch party.

- they've burnt all there money. apparently at a rate of over 5 million a month!!!
- they havent built many cellsites
- some staff havent been paid for months
- some contractors havent been paid for the few sites theyve actually built

above is just highlights. he ranted about god knows how many other problems.

whole thing sounds like a pigsty.

i'd say the writing is on the wall!!!

did they actually have any money to begin with?! obviously not enough/

no doubt they'll blame it on that evil axis of telecom and vodafone.

maybe theyll wait until national get in so they can blame it on no more government handouts.

sounds like another tauranga telstra or if they're lucky they might do a woosh.

its a shame really. i wanted a new phone and lower prices. guess i should join all the other kiwis and move to australia.