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Ownership Review 2026

The following report has been prepared for the 2026 Ownership Review of Waipā Networks Trust. The Trustees of Waipā Networks Trust and the Directors of Waipā Networks Limited have considered various ownership options for Waipā Networks, as required by the terms of the Waipā Networks Trust Deed.

In preparing this report, the Trustees and Directors engaged Deloitte to provide independent advice and provide a summary of supporting information for the 2026 Ownership Review of Waipā Networks Trust.

The summary report includes:

  • Review of Waipā Networks’ performance over the last five years.

  • Review of Waipā Networks’ performance against comparable companies.

  • Analysis of ownership options available to the Trust and its beneficiaries, including the current trust ownership structure.

After reviewing all relevant information, the Trustees and Directors have concluded that there are considerable benefits for Connected Consumers offered by its current ownership. The Trustees and Directors are therefore unanimous in proposing Waipā Networks Limited continue to be 100% Trust owned.

Download Ownership Review 2026 Document