New Zealand Telecommunications Market Outlook: The Ultra-Fast Broadband Initiative to Bolster Broadband Penetration and Speed

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New Zealand Telecommunications Market Outlook: The Ultra-Fast Broadband Initiative to Bolster Broadband Penetration and Speed

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New Zealand Telecommunications Market Outlook: The Ultra-Fast Broadband Initiative to Bolster Broadband Penetration and Speed
The scale and pace of consolidation within the New Zealand telecommunications market has been high over the past few years with the focus now moving towards increasingly higher levels of competition across broader and deeper product offerings.
There is clear structural shift from fixed voice to mobile while fixed line broadband remains steady, as the market continues to experience increasing rates of data consumption, increased internet speeds and greater flexibility with entertainment.
The Ultra-Fast Broadband (“UFB”) network continues to expand with almost all New Zealanders having access to faster broadband by 2020.