New Zealand's incumbent telecom carrier really is lord of the rings. Telecom Corporation of New Zealand (TCNZ) provides fixed-line phone services to more than 1.1 million residential and business customers in New Zealand, about a quarter of the estimated population. The wholesale division provides network services to other carriers in New Zealand. Its wireless service reaches more than 2 million subscribers. The Gen-i division offers communications and IT services to about 3,000 business customers in New Zealand and Australia. TCNZ's main Australian subsidiary is top-tier enterprise network service provider AAPT. In 2011 TCNZ spun off its local access network business, Chorus.