Spark NZ welcomes the Commerce Commission’s draft report

MARKET RELEASE 17 April 2019 Spark New Zealand welcomes the Commerce Commission's draft report Spark New Zealand welcomes the Commerce Commission's draft report recommending removal of the last remaining resale voice services regulation from the Telecommunications Act. While Spark has provided these services under commercial terms for well over ten years now, the removal of regulation is a positive signal that our regulatory regime can adapt to reflect changing competitive dynamics. Spark is already well underway in its transition from its legacy PSTN voice network to a future-ready IP-based voice network dubbed the 'Converged Communications Network' (CCN). The Commission's draft decision today, if confirmed, will provide further support to, but will not affect the pace of, that transition. The Commerce Commission expects to make its final recommendation in July 2019. The draft report may be found here. ENDS For media queries, please contact: Lucy Fullarton Lead Partner, Corporate Relations +64 (0) 21 070 6197 For investor relations queries, please contact: Dean Werder Finance Lead Partner - Product and Performance +64 (0) 27 259 7176 End CA:00333488 For:SPK Type:GENERAL Time:2019-04-17 11:37:52