Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Commerce Commission Report confirms TCF findings

Commerce Commission Report confirms TCF findings

The New Zealand Telecommunications Forum (TCF) welcomes the Commerce Commission’s annual telecommunications monitoring report which shows that New Zealanders are well served by the industry. The Commission findings support the information published earlier this year by the TCF in the industry report, Telecommunications – Enabling New Zealand’s Future.

New Zealand boasts world class fixed and mobile networks, priced under OECD averages. Consumers continue to gain benefits from a high level of investment by the industry in both fixed line and mobile technology. Our investment rate, compared to revenue, was second highest out of the OECD countries who we regard as our main competitors in global export markets. It is the same when considered per capita.

The Commission’s report shows that this investment has enabled huge growth in usage of internet services by consumers and businesses. This has resulted in improvements in the quality of these services. The report also highlights that while investment and demand for data has increased, revenues have continued to decline.

Looking forward, the TCF industry report predicts that mobile data volume will grow seven-fold by 2019 and New Zealand’s fixed internet traffic will double.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>