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Com Com finds no need for further mobile market regulation

Regulatory25 September 2019SPKCommunication Services

Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand



MARKET RELEASE

26 September 2019


Commerce Commission finds no need for further New Zealand

mobile market regulation


Spark New Zealand welcomes the Commerce Commission’s release today of its study

into New Zealand’s mobile services market.

The Commission’s findings include:

• Consumers are benefiting from an increasingly competitive market environment.

• The Commission does not consider there is any need for regulation of wholesale

access at this time.

• There is no case for regulatory intervention to promote a fourth national mobile

network operator to enter the market.

“The Commission’s findings reflect 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,” commented Spark’s GM for Regulatory

Affairs John Wesley-Smith.

Spark is also pleased the Commission has found there is no case to add wholesale

access conditions to future spectrum allocations, given a market for ‘virtual’ mobile

service operators is emerging under existing regulatory settings.

The Commission has published the mobile market study findings report on its website

here

.


- ENDS –

For media queries, please contact:

Andrew Pirie

Lead, Corporate Relations

+64 (0) 27 555 0275


Spark New Zealand Limited

ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand



For investor relations queries, please contact:

Dean Werder

Finance Lead Partner – Product and Performance

+64 (0) 27 259 7176

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