Hutchison Telecommunications Australia Limited - proposed acquisition of AAPT Limited's 850 MHz spectrum licences
Type of assessment
Informal Review
Reference
29263
Acquirer(s)
Hutchison Telecommunications Australia Limited
Target(s)
850 MHz spectrum licences of AAPT Limited
Industry
Telecommunications - Spectrum Licences
Summary
As part of a proposed transaction between Hutchison Telecommunications Australia Limited (HTAL) and Telecom New Zealand Limited (TCNZ), TCNZ's subsidiary, AAPT Limited (AAPT), intended to assign its 850 MHz spectrum licences to HTAL (Proposed Asset Sale)
Outcome of assessment
Not opposed
Total review days *
6
Commenced public review
16th August 2007
Date completed
23rd August 2007
Market definition
The ACCC considered the likely effects of the Proposed Asset Sale upon the supply of retail mobile services (voice and data) over 2G, 2.5G and 3G networks (Retail Mobile Services Market).
Competition analysis
On 23 August 2007 the ACCC decided not to intervene in the Proposed Asset Sale. The ACCC considered that the Proposed Asset Sale was unlikely to substantially lessen competition in the Retail Mobile Services Market. Of relevance to the ACCC's analysis was that the spectrum in question, which could be utilised to provide telecommunications services, was not in use prior to the Proposed Asset Sale.
Review timeline
Date
Event
16th August 2007
ACCC commences review under Merger Review Process Guidelines.
22nd August 2007
Closing date for submissions from interested parties.
23rd August 2007
ACCC announced it would not oppose the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
