Sky and Vodafone abandon merger plans
Sky Network Television and Vodafone Group have abandoned their plan to merge Sky with Vodafone New Zealand.
Sky Network Television and Vodafone Group have abandoned their plan to merge Sky with Vodafone New Zealand.
The High Court has dismissed Chorus’ challenge to the Commerce Commission’s regulated price of the broadband infrastructure company’s Unbundled Bitstream Access (UBA) service.
Telecom faces a $12 million penalty from its conviction in the High Court in October 2009, for having been in breach of section 36 of the Commerce Act. It is the highest penalty imposed under the Commerce Act since it was amended in 2001.
Telecom says it is “disappointed” with the High Court’s ruling today that it leveraged its position to charge downstream competitors disproportionately high prices for wholesale access to its network between 2001 and 2004.
The word "telecom" is a generic term but New Zealanders so closely associate it with Telecom NZ that Nortel Networks has been prevented from using the trade mark "NT Northern Telecom" for its services business in this country.