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

 


Auction Success will Bring Network Development

19 December, 2007

Auction Success will Bring Network Development

Successful broadband spectrum bidder Woosh says it can now get on with plans to further develop its place as New Zealand's third wireless network operator.

Woosh was one of the successful bidders in the Ministry of Economic Development's spectrum auction which ended yesterday and says it now has the spectrum it needs to plan for a nationwide wireless network.

Woosh CEO Kevin Wiley said the auction success was just what the company needed to firm-up its strategy for a Wi-MAX network for New Zealand.

"We can provide true competition in the market on our own network," says Mr Wiley. "The MED and Minister David Cunliffe have run a good process through this auction and as a result competitors like Woosh will be able to advance broadband services and competition in New Zealand.

"This latest auction provides us with sufficient spectrum to further develop and enhance our existing network. In the future there will be a need for more spectrum to offer robust, cost effective services and I'm hopeful the Government will consider that prior to 2012 when the spectrum caps are removed.

Mr Wiley said Woosh would look to further expand its network and attract the funding necessary to build a competitive next generation broadband wireless network.

"Building a long-term telecommunications network takes both time and money and we've spent more than five years positioning our business for a cost effective and robust competitive future. Wi-MAX is clearly the next generation and we are keeping a close on eye on development with a view to bringing proven and mature technology to the New Zealand market around the end of this decade.

"Securing this spectrum allows us to firm up our plans to introduce more New Zealanders to the benefits of reliable wireless internet access."

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news