Australian communications company People Telecom says it plans to launch services in New Zealand in the new financial year, initially through an alliance with NZ counterpart, CallPlus Services, which will manage its operations there until it is able to handle its business directly. It is expanding this way to ‘help mitigate the heavy investment needed in establishing overseas operations’. The alliance is expected to be finalised by the end of the month and will allow People to have a fast entry in the market.
People Telecom was set up in Sydney in early 2000 to offer a wide range of products to residential and business users, including broadband internet access, fixed wire telephony, mobile phone services and corporate data products. It recently signed a AUD100 million (USD73.8 million) agreement with Telstra Wholesale to provide fixed telephony and broadband services until the end of 2007.