Vodafone is moving to calm fears that its big takeover will mean less choice in the telecommunications market.
It has just bought Telstra Clear for $840 million, netting it Telstra-Clear’s voice and data-based services, network infrastructure and New Zealand customer base.
Speaking on The Nation today, Vodafone chief executive Russell Stanners says he doesn't think Vodafone and Telecom will squeeze out the smaller players.
“It’s a very different market,” he says. “When you think about duopoly, that’s a headline of probably 10 years ago.
“It actually doesn’t really even work when you think about the structure of the market that the Government just created this last year.”
Mr Stanners says all the telecommunications companies have to buy into the same network infrastructure, which gives smaller companies a chance of competing.
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