TELECOMMUNICATIONS – NEW ZEALAND

Watchdog outlines Fairfax-APN concerns

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Original article by Jake Mitchell, Daniel Palmer
The Australian – Page: 21 : 15-Jun-16

The New Zealand Commerce Commission has released a statement of preliminary issues regarding the proposed merger of the NZ businesses of Fairfax Media and APN News & Media. APN CEO Ciaran Davis recently expressed confidence that the regulator will recognise the need for local media companies to be able to compete with digital players such as Google. An independent expert’s report on the proposed merger between Vodafone NZ and Sky Network Television has also been released.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, APN NEWS AND MEDIA LIMITED – ASX APN, NEW ZEALAND. COMMERCE COMMISSION, NZME, SKY NETWORK TELEVISION LIMITED – ASX SKT, VODAFONE NEW ZEALAND LIMITED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, GRANT SAMUEL AND ASSOCIATES PTY LTD

NZ merger aims to create Kiwi BSkyB

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Original article by Max Mason
The Australian Financial Review – Page: 22 : 10-Jun-16

The Australian shares of New Zealand-based Sky Network Television closed 20.5 per cent higher at $A5 on 9 June 2016, in response to a proposed merger with Vodafone NZ. Sky Network TV will hold a 51 per cent stake in the merged entity if the $NZ3.4bn ($A3.25bn) deal proceeds. The combined group would be similar to other so-called "triple play" providers such as BSkyB in the UK, offering pay-TV, broadband and telephone services. Macquarie notes that this may result in a lower customer churn rate.

CORPORATES
SKY NETWORK TELEVISION LIMITED – ASX SKT, VODAFONE NEW ZEALAND LIMITED, SKY PLC, MACQUARIE GROUP LIMITED – ASX MQG, COMCAST CORPORATION, PERPETUAL LIMITED – ASX PPT, LAZARD PTY LTD, UBS HOLDINGS PTY LTD, NEWS CORPORATION – ASX NWS, SKY ITALIA SPA, SKY DEUTSCHLAND AG, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, 21ST CENTURY FOX INCORPORATED, NETFLIX INCORPORATED