"Recently re-branded fibre-optic network company Vector Communications is eyeing the Auckland and Wellington residential markets for its high-speed broadband services. The Vector subsidiary, formerly Tangent, specializes in providing telecommunications infrastructure in the Wellington central business district and to businesses in Auckland from Albany to Manukau City. The network includes more than 200 km of cable.
But the company is now looking to break into the residential market, general manager Maxine Elliott said. Vector's telecommunications business was formed in 2001 as part of the company's strategy to leverage the existing electricity network infrastructure's assets.
'We think there is a gap in the market for a high-speed broadband supplier and worldwide trends show the market to be in is the residential one.' Research is in the early stages.
As well as providing broadband services to new residential areas, Ms Elliott said the company was also looking at accessing abandoned cast-iron gas mains that Vector owns and which fibre-optic cables could be put through. This would allow the company to provide residential broadband services in established areas."
If Vector decides to lay fiber to residences, it would act as a wholesale provider and let telecom and cable TV companies such as Telecom, Telstra, Ihug and Sky provide the actual service. posted by Al Bonnyman
Thursday, March 18, 2004#