Com Com finds no need for further mobile market regulation
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
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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