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 Monday, May 04, 2009

The Commerce Commission of New Zealand (ComCom) has released its annual telecoms monitoring report, announcing that over USD882 million was spent on capital investment in 2008. The expenditure was largely accounted for by Telecom New Zealand updating its existing infrastructure to accommodate its strategic transition to an all-IP network, and NZ Communications, New Zealand’s long awaited third mobile operator – having secured 3G spectrum in 2001, rolling out the first stages of its mobile network.

The report also states that broadband subscriptions reached 915,000 by the end of December 2008, with Telecom NZ holding a 57% share of the overall market, a 4% drop since 2007. The mobile sector reported a 16% rise in call minutes over the course of the year, with mobile penetration reaching 111.9% at the end of December 2008, according to TeleGeography’s GlobalComms database.

Source: TeleGeography.