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New Zealand: Sky TV-Vodafone merger decision delayed again

By  |  December 5, 2016

Sky Network Television said the date for a decision on its Commerce Commission application to merge with Vodafone New Zealand has been pushed back to February 23, 2017, from December 21, to give the commission more time to assess a large number of submissions.

Sky TV and Vodafone have agreed to the extension to allow for “the significant volume of material that the Commerce Commission needs to review in light of submissions from multiple third parties, and the commission’s heavy workload in December,” Auckland-based Sky TV said in a statement. “The commission continues to take an appropriately thorough approach to this transaction and Sky accepts the need for more time to complete its deliberations.”

Full Content: NBR

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