In perhaps its strongest endorsement to date, it looks like New Zealand is embracing VoIP in a pretty big way. New Zealand Telecom has announced a seven year project, investing about 200 million US dollars, to switch every telephone line to an IP platform. Not only will this help with phone calls, but would also pave the way for fantastic video streaming and hyper-fast internet. The first few customers are expected to switch over in 2007, with everybody over by 2012. This will of course mean cheaper phone calls for resident New Zealanders. As well as stonking profit for New Zealand telecom, I’d bet.