Ovum Comment: Sale of TelstraClear keeps competition alive and well
Page Views: 295
Give this press release a star rating...
The market will become more rational following the sale of TelstraClear.
David Kennedy, Research Director, Ovum comments:
“Telstra’s withdrawal from the New Zealand market shows that scale and integration are needed to justify foreign network investments, according to Ovum. Telstra has exited a difficult position in New Zealand, while Vodafone is now a worthy rival to Telecom New Zealand in both mobile and fixed.”
Read more below
To arrange an interview or for further details regarding this release please contact Jennifer Duraisingam on + 61 3 9601 6723 or email Jennifer.duraisingam@ovum.com
OVUM COMMENT
David Kennedy, Research Director, Ovum
Sale of TelstraClear keeps competition alive and well
Telstra’s withdrawal from the New Zealand market shows that scale and integration are needed to justify foreign network investments, according to Ovum. Telstra has exited a difficult position in New Zealand, while Vodafone is now a worthy rival to Telecom New Zealand in both mobile and fixed.
For Vodafone, its acquisition of TelstraClear is part of its ongoing global strategy to use fixed assets to support an integrated operation, especially in the enterprise segment.
“The market will become more rational following the sale of TelstraClear, with two large integrated and scaled operators, alongside smaller value-seeking players to keep competition alive and well,” said David Kennedy, Research Director at Ovum.
---ENDS---
NOTE TO EDITORS
To arrange an interview or for further details regarding this comment, please contact: Jennifer Duraisingam on + 61 3 9601 6723, or email jennifer.duraisingam@ovum.com
David Kennedy, Research Director, Ovum comments:
“Telstra’s withdrawal from the New Zealand market shows that scale and integration are needed to justify foreign network investments, according to Ovum. Telstra has exited a difficult position in New Zealand, while Vodafone is now a worthy rival to Telecom New Zealand in both mobile and fixed.”
Read more below
To arrange an interview or for further details regarding this release please contact Jennifer Duraisingam on + 61 3 9601 6723 or email Jennifer.duraisingam@ovum.com
OVUM COMMENT
David Kennedy, Research Director, Ovum
Sale of TelstraClear keeps competition alive and well
Telstra’s withdrawal from the New Zealand market shows that scale and integration are needed to justify foreign network investments, according to Ovum. Telstra has exited a difficult position in New Zealand, while Vodafone is now a worthy rival to Telecom New Zealand in both mobile and fixed.
For Vodafone, its acquisition of TelstraClear is part of its ongoing global strategy to use fixed assets to support an integrated operation, especially in the enterprise segment.
“The market will become more rational following the sale of TelstraClear, with two large integrated and scaled operators, alongside smaller value-seeking players to keep competition alive and well,” said David Kennedy, Research Director at Ovum.
---ENDS---
NOTE TO EDITORS
To arrange an interview or for further details regarding this comment, please contact: Jennifer Duraisingam on + 61 3 9601 6723, or email jennifer.duraisingam@ovum.com
About OVUM
Ovum provides clients with independent and objective analysis that enables them to make better business and technology decisions. Our research draws upon over 400,000 interviews a year with business and technology, telecoms and sourcing decision-makers, giving Ovum and our clients unparalleled insight not only into business requirements but also the technology that organisations must support. Ovum is an Informa business.