TeamTalk acquires mobile radio equipment worth 10m
TeamTalk acquires mobile radio equipment worth over $10 million
Leading mobile radio communications company TeamTalk today announced the acquisition of over $10 million worth of mobile radio equipment to increase the capacity of its nationwide TeamTalk network.
The equipment has been purchased for an undisclosed sum from a South African mobile radio network One.2.One, which went into voluntary receivership earlier last year.
TeamTalk Managing Director David Ware said the purchase would increase TeamTalk’s network capacity in New Zealand.
“TeamTalk has experienced excellent growth in its mobile radio business over the last few years,” Mr Ware said. “Because of this growth, and the expected future escalation in customer numbers and mobile radio calls, we wanted to increase the capacity of the TeamTalk network.”
“The sale provided an opportunity to acquire valuable and sought-after equipment for a good price. This investment shows our commitment to TeamTalk’s mobile radio network customers and will ensure the longevity and robustness of the network.”
A TeamTalk engineer travelled to South Africa to inspect, test and audit the purchased equipment, which is still in use. The equipment will be decommissioned in January and shipped to New Zealand, where it will be integrated into the TeamTalk network. The equipment is in excellent condition.
Many sites in TeamTalk’s network in the South Island will benefit from the increased capacity. Sites in the central North Island and the Waikato will also receive expanded facilities.
“TeamTalk is currently developing and releasing new mobile radio products and services which we expect will be successful additions to the communications market. This equipment acquisition will ensure that the resulting increase in mobile radio usage will be well catered for.”
“We are looking forward to enhancing TeamTalk’s network and continuing our commitment to deliver reliable, robust and cost-effective communications solutions for New Zealand companies,” Mr Ware said.