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


Vocus enters energy market

Media Release

1 December, 2016


First acquisition in New Zealand post-merger

Mobile, landline, broadband, gas and power bundle for Slingshot customers

Vocus New Zealand has today taken ownership of Switch Utilities Ltd, marking the company’s first acquisition in New Zealand since the merger with M2 Group earlier this year.

As an innovative market leader, Vocus is the first telco in New Zealand to acquire an electricity company. Switch will continue operating under its current structure, and energy will be offered via the Vocus stable of brands, starting with Slingshot in the new year.

Competing with the top energy providers, Vocus Chief Executive New Zealand Mark Callander sees huge potential for service bundles in the New Zealand market and is confident of delivering competitive packages for Slingshot customers.

“We pride ourselves on being a challenger brand in the telco market. We will bring that same ethos to the energy market, shaking up the current offering for Kiwis. We are flexible, competitive and with the great team at Switch, we’re in a strong position to offer Kiwis a one-stop-shop for their household connections.

“In the new year, Slingshot will be offering customers broadband, landline, mobile, gas and electricity – all on the same bill, with great customer service,” said Callander.

Currently supplying energy to a range of businesses and households, but with a focus on apartments, schools and sports grounds, Nick Yates, CEO of Switch Utilities, sees the acquisition as a natural fit.

“While we’re a relatively small player, we’re excited to become a part of such a reputable company with the similar values and a focus on strong customer service and excellent products. With Vocus, we will naturally expand our customer base into the consumer segment and we are confident that our existing customers will value the growth of our offering.

“We are also looking forward to extending our energy services to Vocus customers. Our team at Switch is on board and will continue business as usual,” said Yates.

Callander intends for the addition of electricity to the Vocus product suite to challenge competitors in both the telco and energy industries.

“The first few months in the new year is always a busy time for telco and energy as Kiwis reconsider their providers. We hope Slingshot’s new offering will be an incentive to switch. We’re confident that this is a strong step in the right direction for the business and we’re excited to see the response from Kiwis,” said Callander.

People keen to find out more can register their interest at


© Scoop Media

Business Headlines | Sci-Tech Headlines


Statistics: Retail Card Spending Down 0.2 Percent In July
Retail card spending fell $11 million (0.2 percent) between June 2022 and July 2022, when adjusted for seasonal effects, Stats NZ said today... More>>

Barfoot & Thompson: Auckland Rental Prices Inch Up Again, But Upward Trend Could Ease In Coming Months

Data from nearly 16,000 rental properties managed by real estate agency Barfoot & Thompson shows Auckland’s average weekly rent rose by $6.12 (or 1 percent) during the second quarter... More>>

ComCom: Draft Report Says Regulatory System Favours Established Building Products
The Commerce Commission’s draft report into competition in the residential building supplies industry has identified two main factors negatively impacting competition... More>>

Commerce Commission: Draft Determination On News Publishers’ Association’s Collective Bargaining Application
The Commerce Commission (Commission) has reached a preliminary view that it should allow the News Publishers’ Association of New Zealand (NPA) to collectively negotiate with Meta and Google... More>>

Heartland: Retirees Facing Pressure From Higher Cost Of Living And Increasing Debt In Retirement

Heartland has seen a significant increase in Reverse Mortgages being used to repay debt. Among the most affected by the increasing living costs are retirees, many of whom are trying to get by on NZ Super alone... More>>

APEC: Region’s Growth To Slow Amid Uncertainties And Crises
Economic growth in the APEC region is expected to slow this year amid soaring inflation, a protracted war in Ukraine and heightened uncertainties, on top of the continuing impact of the pandemic and virus mutations that are draining resources, according to a new report by the APEC Policy Support Unit... More>>