Telecom New Zealand Limited agreed to pay a total of $1.6 million to Vodafone New Zealand limited and Orcon Internet Limited for the benefit of the industry, acknowledging that its “All of New Zealand Loyalty Offer”, which caused concern in the Wholesale market, and risked breaching the Telecom Separation Undertakings (specifically, the non-discrimination obligation) as provided to the Minister of Communications on 25 March 2008 under section 69K(2)(c) of the Telecommunications Act 2001, as varied on or prior to 10 June 2009, and was likely to have affected competition in the Wholesale market.
