UPDATE: Spark, 2Degrees granted stay on merger decision for Sky, Vodafone

Wed, 22 Feb 2017

(Clarifies timeframe in fourth paragraph) By Sophie Boot Feb. 22 (BusinessDesk) - Spark New Zealand and 2Degrees have been granted a stay on the proposed merger between rival Vodafone New Zealand and pay-TV operator Sky Network Television to consider their legal options. If the Commerce Commission clears the merger tomorrow, it won't come into effect immediately, giving the opposing parties time to read the reasoning behind the decision and decide whether they will pursue a legal challenge. "I have concluded it is appropriate in the...

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