Internet “erodes” GDP of New Zealand


Posted on September 30, 2010  /  0 Comments

The Kiwis talk but they no longer pay. Because they bypass the fixed and mobile networks. Thanks to the Internet-based free calling services of Skype and alike. An economist calls it “absolutely stunning” as it hurts the country’s GDP. Lambs outnumber the human population of New Zealand. Pity, the former doesn’t use phone and the operators are yet to outsmart the latter. The industry badly needs three things to survive: innovation, innovation and innovation. New Zealand Herald reports.

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