0
General

Vodafone, Sky NZ abandon merger plans

Wednesday 28 June 2017 | 08:49 CET | News
Vodafone New Zealand and Sky Network Television have decided to abandon their planned merger. The companies first announced the plans over a year ago, but were unable to secure regulatory clearance for the deal due to fears of reduced competition from merging the broadband and pay-TV providers. Sky said in a short statement that the companies decided to withdraw their appeal against the Commerce Commission's decision. Vodafone and Sky will continue to see out opportunities for commercial partnership.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Sky Network / Vodafone New Zealand
Countries: New Zealand
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodafone completes sale of New Zealand unit for NZD 3.4 bln

Published 31 Jul 2019 09:56 CET | New Zealand
Vodafone Group has completed the sale of Vodafone New Zealand to a consortium comprising Infratil and Brookfield Asset Management ...

Regulator OKs Infratil's acquisition of Vodafone New Zealand stake

Published 11 Jul 2019 16:34 CET | New Zealand
New Zealand's Commerce Commission has granted clearance for Infratil to acquire up to 50 percent of the shares in Vodafone New ...

Vodafone sells New Zealand unit to Infratil-Brookfield consortium

Published 14 May 2019 09:17 CET | New Zealand
Vodafone Group has agreed to sell its Vodafone New Zealand unit to a consortium of investors, which includes New Zealand-based ...

Vodafone Group considers tower sales to help reduce debt

Published 17 Sep 2018 10:28 CET | World
Vodafone Group is considering selling towers in order to help reduce debt and maintain dividends, its incoming CEO Nick Read ...

Vodafone launches TV service in New Zealand

Published 17 Oct 2017 08:16 CET | New Zealand
Vodafone has launched the Vodafone TV service in New Zealand. Customers who take up the operator's offering will have access to ...

Vodafone New Zealand offers free access to Sky Sport content

Published 09 Jun 2017 15:14 CET | New Zealand
Vodafone New Zealand has launched a special Sky Sport package. New and existing customers who sign up to Vodafone Unlimited ...

New Zealand blocks Vodafone-Sky merger

Published 23 Feb 2017 09:37 CET | New Zealand
The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New ...

High Court orders stay of Vodafone-Sky merger clearance

Published 22 Feb 2017 09:16 CET | New Zealand
Spark New Zealand has welcomed a High Court decision to order a short-term stay in the event the New Zealand Commerce Commission ...

Watchdog finds unresolved issues in Vodafone-Sky deal

Published 01 Nov 2016 14:15 CET | New Zealand
New Zealand's Commerce Commission has sent a Letter of Unresolved Issues to Vodafone and Sky Television in relation to their ...

NZ Commission outlines issues in Vodafone, Sky merger

Published 14 Jul 2016 11:51 CET | New Zealand
The New Zealand Commerce Commission has published a Statement of Preliminary Issues relating to the proposed merger of Vodafone ...

Sky buys Vodafone NZ for NZD 3.4 bln

Published 09 Jun 2016 08:48 CET | New Zealand
Sky and Vodafone NZ have agreed to merge their operations in New Zealand. Under the terms of the deal, Sky will acquire all of ...