Com Com releases mobile market study preliminary findings
Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand
MARKET RELEASE
16 May 2019
Commerce Commission releases mobile market study preliminary findings
Spark New Zealand welcomes the Commerce Commission’s release today of its mobile
market study preliminary findings.
Spark GM for Regulation John Wesley Smith says Spark is pleased that the preliminary
findings for the study confirm competition indicators such as pricing, coverage and
choice of mobile services are trending in a positive direction for consumers. The
Commission also states that current regulatory settings are fit for purpose.
“This reflects what we see and experience in the market – that competition is working
well, and we need to continually work to provide great value and innovative solutions for
our customers.
As the Commission’s report notes, New Zealanders are using their mobiles more and
more every day, with mobile data usage increasing 69% year on year.
“We note the Commission’s comments about the importance of spectrum to future
competition, and we will continue to engage with the Commission and MBIE in the
coming months on future spectrum allocations,” said Mr Wesley Smith.
The Commission’s preliminary findings indicate that the current New Zealand market
structure and competition are serving New Zealanders well.
The Commission has published the mobile market study preliminary findings on its
website here
and has set out next steps and a timetable for the process. The
Commission is expected to publish its mobile market study findings paper, completing
the process, on 30 September 2019.
ENDS
For media queries, please contact:
Lucy Fullarton
Lead Partner, Corporate Relations
+64 (0) 21 070 6197
For investor relations queries, please contact:
Dean Werder
General Manager Finance and Business Performance
+64 (0) 27 259 7176
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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