Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Telecom applies for clearance to acquire spectrum

10 October 2005/037

Telecom applies for clearance to acquire radio spectrum management rights

The Commerce Commission has received an application from Telecom New Zealand Limited (Telecom) to acquire the radio spectrum management rights known as MED radio frequency auction No 5 lot 01 WLL 06, which apply to the range of 3,459MHz to 3,466MHz and 3,559MHz to 3,566MHz, from Counties Power Limited (CPL).

Telecom is a wholly-owned subsidiary of Telecom Corporation of New Zealand Limited and a member of the Telecom Group of companies. Telecom Corporation of New Zealand Limited includes Telecom New Zealand Limited, Telecom Mobile Limited, Xtra Limited, and Telecom Directories Limited.

CPL, formerly the Franklin Electric Power Board, is owned by the community in the form of the Counties Power Community Trust.

In considering the application, the Commission's role is to determine whether the acquisition has the effect of substantially lessening competition in a market.

A public version of the application will shortly be available on the Commission's website, www.comcom.govt.nz , under Public Registers.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>

Elsewhere:

Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:

Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>