New Zealand mobile services revenue ramps up
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.
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.
A slight market contraction, a focus on resiliency and at least one potential new entrant are combining to make conditions in the local telco sector right for a new competitor to make a big play.
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...