Telco Spark saw revenue decline 1.5 per cent in the six months to 31 December, 2020 due in part to the loss of higher-margin mobile roaming revenue during the COVID-19 pandemic.
Mobile services revenue in New Zealand is expected to ramp up between now and 2025, returning to growth after a pandemic-prompted dip to reach a value equivalent to US$1.8 billion.
Telecommunications Commissioner Tristan Gilbertson has said that the country’s telcos need to “lift their game” as the Commerce Commission calls for feedback on ways providers could be doing better.
Spark, Vodafone, Chorus, and 2degrees are set to collectively pay approximately 90 per cent of the government’s $10 million Telecommunications Development Levy.
2degrees reported a strong result for the telco, with profit up from $19.6 million to $28.6 million for the year ended 31 December 2019.
At first glance, the region’s mobile and fixed broadband markets, including New Zealand, look quite flat.
The telecom business model will undergo dramatic transformation in 2015...
