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

 

Sky Vodafone merger decision was a fight worth having

February 23, 2017

Consumers come first – Sky Vodafone merger decision was a fight worth having

Today’s decision by the Commerce Commission to decline the proposed merger of Vodafone and Sky highlights the importance of protecting competition – especially a three player mobile market.

2degrees had opposed the merger, providing expert reports and evidence of the harm that would be caused to competition if it had been approved and highlighting the importance of ‘must have’ sports content controlled by Sky.

2degrees Chief Executive Stewart Sherriff says the Commission’s decision showed a comprehensive understanding of the issues that would play out if the merger had been allowed.

“The Commission has recognized that competition is still developing, and that the impact of competition from companies such as 2degrees can be reduced over time if monopolies are created,” says Mr Sherriff.

“2degrees has been fighting for fair for many years – we fought for number portability, regulated mobile termination rates and national roaming so we could enter the market and compete. The results of those battles has seen prices plummet and a range of new services introduced.”

“When we saw the impact a one company stranglehold on ‘must have’ content could have on competition in the mobile and broadband markets, we felt it was another fight worth having.”

Mr Sherriff says 2degrees remains very interested in working with Sky to customise its content and deliver new services via mobile and broadband.

“We’ve always been keen to work with Sky to do more with content. We have a fantastic national mobile network and high speed broadband network and are always looking to offer services that give customers something new.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Slightly Softer Growth Expected In PREFU

A slightly softer growth forecast is the main feature of largely unchanged Pre-election Fiscal Update compared to the Budget forecasts three months ago, Finance Minister Steven Joyce says. More>>

ALSO:

Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>

ALSO:

Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

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>>

ALSO:

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>>

ALSO: