oOh!media 'disappointed' after losing Auckland Transport contract

The news: Outdoor advertising company oOh!media said it is "disappointed" after losing its contract with the Auckland Transport Authority.

The numbers: The contract, which is due to expire on 30 September, represented 4% of oOh!'s reported revenue in the 2024 financial year.

The context: oOh! said it has planned for this outcome and is confident in maintaining a leading position in the New Zealand out of home market.

Auckland Transport has confirmed its plans to transition out of the current arrangement by October.