While business to consumer (B2C) e-commerce flounders around a bit (trying buying menswear online and see how far you get) the business to business (B2B) marketplace is heating up, with new entrants popping up at a rate of knots. While it’s big business overseas, New Zealand has been slow to adopt the B2B side of e-commerce, despite its obvious cost savings. The obvious indicator of these savings comes from the banking sector, which has just reported a record quarter. Banks were early adopters of high tech as a cost-saving measure and now it’s paying off.
NZ gets another B2B marketplace - IDGNet
Telecommunications Gets Messy
Following the release of the Telecommunications Inquiry report into the future of the sector, the fur has really been flying. Minister of Finance Michael Cullen waded into the fray with his size 11 boots on, quoting telecomms minister Paul Swain saying there would be no regulator in his market. Actually, the quote came from before the election and words have been exchanged between the ministers’ offices over the issue. And another ministry has released a report asking what all the fuss is over the telecommunications sector — isn’t it the best in the world already?
On top of that, Telecom is rushing to buy the rest of AAPT in Australia, while rumours abound about an alleged deal between Telecom and NTT in Japan to jointly takeover Cable and Wireless Optus’s cellular business.
The 2GHz spectrum auction is also proving entertaining, with Telecom exploiting a loophole that allows it to withdraw bids after the bidding has closed, effectively driving the auction backwards. The total bid has exceeded $100 million but shows little sign of slowing just yet.
Clear has introduced a new toll service — ZTalk bills for voice calls in 15 minute blocks.
Telecom jumps at hint of non-regulation - NZHerald
Telecomms report gets booted around - IDGNet
Telecom keeps auction alive with surprises - NZHerald
Kiwi Websites make it Internationally
While kiwiflatmates.com made it onto CNN, a Christchurch-based site has been bought by a US TV series. SciTech Daily Review is a sister-site to the Arts and Letters Daily site that was set up by Professor Dennis Dutton, also in the news earlier this year having been sold to a US outfit for an undisclosed sum. Good news continues for the Kiwi web industry, as Auckland web developer WebMedia launches a NZ$24 million music website.
Kiwiflatmates makes CNN - IDGNet
All GoGo at WebMedia - IDGNet