PGW revises earnings guidance as farmer spending drops
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
PGG Wrightson trade account holders can now pay for broadband via their PGG monthly trade account. This is one effect of a deal between PGG and internet service provider Wireless Nation.
The account holders are also offered specials on their rural broadband and VoIP phone plans.
Wireless Nation’s rural internet service are marketed by PGG Wrightson retail stores and onfarm technical representatives.
“[We’ve extended] our agreement with PGG Wrightson to provide all their trade account holders with access to our high-speed rural broadband solutions,” says technical director Tom Linn. “A fast and reliable internet connection is becoming critical for many farmers and Wireless Nation provides a cost-effective solution no matter where they are in New Zealand.
“We are seeing increasing demand from farmers requiring fast, reliable internet to run their business,” says Shannon Galloway, GM marketing, PGG Wrightson. “Wireless Nation is an innovative company that delivers a great customer experience.”
Wireless Nation says it is determined to bridge the digital divide and provide broadband to even the most far-flung parts of New Zealand. It offers RBI (fixed wireless), satellite broadband and VoIP (phone services over the internet).
The company says its satellite network uses the latest technology and the Optus Satellite, which has “hot” signal strength over New Zealand, is not prone to rain fade and is available “pretty much everywhere in the country”.
It recently doubled its satellite network speeds to a download speed of up to 10Mbps. This is said to be much faster than competing satellite networks and to be comparable to standard city broadband. This gives faster web browsing and downloading of email attachments and allows video streaming in higher quality. The extra speed comes at no extra cost.
Wireless Nation quotes a PGG Wrightson customer, Terence Galuszka, of Wainuioru, as saying “The satellite connection is good and latency is low which has enabled our business to use certain desktop applications we haven’t been able to before.
“The PGG Wrightson deal has helped with the extra data bundle and the carryover data is a life saver.”
Wireless Nation has installers throughout the country.
Tel. 0800 101 143
China’s Ambassador Wang Xiaolong says bilateral economic and trade cooperation between China and New Zealand has made significant and rapid progress.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.