A new name in the telecommunication industry has emerged hoping to crumble the monopoly of Telecom and Vodafone. TelstraClear will be introducing its own mobile network which assures cheap charges to cellphone users. The company's emergence is anticipated to urge Telecom and Vodafone to cut down their mobile call charges. Both companies are known to demand expensive mobile costs to consumers. TelstraClear is a voice and data company with around 400,000 customers in New Zealand. The company provides residential line rental services, internet services, cable TV/cable modem and also mobile telephone services to 70,000 subscribers on its network. TelstraClea is New Zealand's second largest telecommunications company and is a fully owned subsidiary of Telstra Corporation (Australia).
