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

 


4G spectrum auction in third quarter, no iwi allocation

4G spectrum auction in third quarter, no iwi allocation

Feb. 21 (BusinessDesk) - The government will auction allocations for the radio spectrum band being set aside for fourth-generation, or 4G, mobile phones in the third quarter of the year, but won't have a sweetener for iwi.

Communications Minister Amy Adams said the auction process for the 700 megahertz bandwidth coming free from the switch-over to digital television broadcasting has been approved by Cabinet, and the blocks will be set according to the Asia Pacific Telecommunity band plan. The auction design will be organised over the next few months, she said.

"The use of mobile broadband services is growing at an enormous rate in New Zealand," Adams said in a statement. "Fast, reliable access to mobile broadband is enabling improvements in productivity and ease of business, and providing new applications for consumers."

In 2010, the government accelerated the elimination of analogue TV broadcasting in the 700 MHz range, with the digital switchover to be completed by the end of this year.

Freeing up use of that spectrum will provide a $1.1 billion to $2.4 billion boost to the economy over 20 years from cheaper deployment of mobile networks, according to Ministry of Economic Development research.

Adams didn't set aside a specific allocation for Maori, and will instead look at setting up a $30 million ICT development fund looking at how government can help Maori leverage potential benefits from new technologies.

Third-generation radio spectrum was set aside for Maori in the last major auction in 2000 under the Labour-led administration, which was the foundation for mobile phone operator Two Degrees Mobile.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Science Media Centre: Viral Science And Another 'Big Dry'?

"Potentially, if there is no significant rainfall for the next month or so, we could be heading into one of the worst nation-wide droughts we’ve seen for some time," warns NIWA principal climate scientist Dr Andrew Tait. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news