Regulator urged to block 4G spectrum sale to Vodafone, Telecom in 2degrees sponsored report

Regulator urged to block 4G spectrum sale to Vodafone, Telecom in 2degrees sponsored report
By Paul McBeth Dec. 3 (BusinessDesk) - The Commerce Commission has been urged not to sign off on the country’s dominant mobile phone operators buying the remaining 700 megahertz radio spectrum for fear of undermining burgeoning competition in the market. A Covec report, commissioned by new entrant Two Degrees Mobile, claims competition among mobile carriers would be “substantially enhanced” if the antitrust regulator declines clearance for Vodafone New Zealand and Telecom Corp to buy the unsold pair of 5MHz spectrum blocks. The spectrum bec...