Telecom Corp of New Zealand Ltd says its share of the national and international long distance call market had stabilised since August at around 86%, Reuter reports from Wellington: the figure leaves Clear Communications Ltd with 14%; We have stabilised the market share position from August till now and we expect that this move will consolidate Telecom’s position in the market place, chief executive Rod Deane said at a briefing called to announce lower call charges; Telecom is owned 34.17% by Ameritech Corp and 34.17% by Bell Atlantic Corp; the New Zealand public holds 31%; Clear, which is not listed, is held equally by Bell Canada Inc, MCI Communications Corp, state-owned Television New Zealand Ltd and another local, Todd Corp Ltd.
