Hutchison Telecommunications Australia Limited - proposed acquisition of AAPT Limited's 850 MHz spectrum licences

Acquirer(s)

  • Hutchison Telecommunications Australia Limited

Target(s)

  • 850 MHz spectrum licences of AAPT Limited

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)

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.

Timeline

DateEvent
16/08/2007ACCC commences review under Merger Review Process Guidelines.
22/08/2007Closing date for submissions from interested parties.
23/08/2007ACCC announced it would not oppose the proposed acquisition.