New Zealand telco faces big changes

New Zealand incumbent telco Telecom is finding it as hard to adjust to a new competitive era as anyone else. The company's chief operating officer of consumer business just resigned his post, the most recent of several executives from the carrier to ride into the sunset.

The telco is being hit hard by competitors on every service front as well as the prospect of broadening deregulation. Telecom also had been facing a potentially prolonged move into IPTV, but is now trying to move more quickly.

For more:
- Here's The Wall Street Journal (Sub. req.) story about the departing COO
- IPTV News has an update on Telecom's IPTV efforts

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