(S (S (NP (BASENP (NNP Xtra)) (PRN (COMMA ,) (VP (VBN owned) (PP (IN by) (BASENP (NNP New) (NNP Zealand) (NN telecommunication) (NN monopoly) (NN company) (NNP Telecom)))) (COMMA ,))) (VP (VBZ has) (VP (VP (VBN created) (NP (BASENP (DT a) (JJ joint) (NN venture)) (PP (IN between) (NP (BASENP (PRP themselves)) (CC and) (BASENP (NNP Yahoo) (NNP !) (NNP 7)))))) (COMMA ,) (S (VP (VBG creating) (BASENP (NNP Yahoo) (NNP Xtra))))))) (PERIOD .))