Vodafone Vodafone International buys TelstraClear

Xen

EntMnt Ambassador
Official Info
Vodafone has completed its $840 million purchase of TelstraClear following Commerce Commission clearance yesterday.

“We can now start bringing the businesses together and releasing the potential for our customers. Our combined strength in both mobile and broadband means we can help our customers do their thing better – whether that’s mobile services, broadband, pay TV or sophisticated ICT services across New Zealand," CEO Russell Stanners said in a statement.

“Vodafone and TelstraClear are now one business, operating as separate business units, with a strong focus on continuing to deliver a great experience to Vodafone and TelstraClear customers.”

Yesterday, Vodafone said TelstraClear would operate independently for an assessment period of five to six months. The TelstraClear brand would be eliminated within 18 months.

Meanwhile, Telecom has launched an aggressive print-only campaign targeting TelstraClear customers.
 
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