Vodafone point out a few inaccuracies

Vodafone statement

Vodafone welcomes 2degrees latest marketing initiative but would like to point out a few inaccuracies.

Lower termination rates do not result in lower retail prices as suggested. In fact, the Commerce Commission itself has pointed out that reducing termination rates will increase mobile prices by as much as $180 million over five years. The customers most affected will be those on prepay who don’t make many calls. http://tinyurl.com/md75ew (pg 17).

New Zealanders enjoy some of the best mobile pricing in the OECD – New Zealand is firmly in the top half of the OECD and just this week Vodafone has reduced the price of the country’s cheapest On Account plan from $18.95 to $16.95 per month.

Vodafone knows customers want value and we have worked to reduce voice costs by 55% and TXT prices by 75% over the past four years.

Vodafone customers benefit from great value products likes Family and BestMate. Half a million customers have a Best Mate and on average they make $375 worth of calls and TXTs for only $6 a month. This adds a whopping $950 million of additional value for New Zealanders each year.

ENDS

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