Friday, 29 March 2024

Announcement

MERGER: SKT: Appeal of Commerce Commission decision declining clearance

22 Mar 2017 10:18NZX
Appeal of Commerce Commission decision declining clearance in relation to
proposed merger

SKY Network Television Limited (SKY) and Vodafone are today filing appeals in
the High Court against the New Zealand Commerce Commission''s decision not to
clear the two companies'' proposed merger of their operating businesses in New
Zealand.

SKY and Vodafone are filing appeals within the statutory time period for an
appeal in order to preserve their rights while they wait for the release of
the Commerce Commission''s reasons for its decision and have the opportunity
to assess these.  The Commission''s reasons are expected to be released in the
coming weeks.

For further information please contact:

Jason Hollingworth
Chief Financial Officer
SKY Network Television
(09) 579 9999
021 312 928
jhollingworth@skytv.co.nz
End CA:00298677 For:SKT    Type:MERGER     Time:2017-03-22 10:18:20
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