Commerce Commission green-lights $1.7B merger of Orcon and 2degrees
Concerns about the deal's impact on the MVNO market dismissed by regulator.
Source: reseller.co.nz
Stay updated with breaking news from Mark Callander Vocus. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Concerns about the deal's impact on the MVNO market dismissed by regulator.
Google recently increased its cloud presence in the Australasian region.
Merged company will retain the 2degrees brand, which has stronger recognition in the market
Improved cashflows and balance sheet will support the cost of 2degrees' 5G network roll out, Vocus argues.
Deal would create a much stronger number three in the local telecommunications market.