NZ's telecommunications sector under 'incredible price pressure', IDC says

NZ's telecommunications sector under 'incredible price pressure', IDC says
Paul McBeth
By Paul McBeth Oct. 11 (BusinessDesk) - New Zealand's telecommunications market is seen expanding at a 1.4 percent annual pace over the next five years, belying the intense competition and price pressures in both fixed and mobile services, according to IDC.  The telecommunications specialist researcher projects the local market will expand to $5.8 billion in 2021 from $5.4 billion currently, propped up by sales of mobile handset, according to its annual New Zealand report, which hasn't been released for public consumption. IDC New Zealand...