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

 


2degrees welcomes 4G spectrum allocation announcement

2degrees welcomes 4G spectrum allocation announcement

2degrees CEO Eric Hertz said the detail of the Government’s planned auction of 700MHz spectrum will be crucial in determining whether Kiwis will continue to benefit from effective three-player competition in the mobile market.

“It’s important that this spectrum is allocated at a price, and with conditions, that promote competition and investment in the transition to 4G services. We look forward to seeing the proposed detail of the allocation – including the reserve price - over the coming months which we hope will ensure all three players can continue to compete actively for kiwis’ business. ”

Mr Hertz says the allocation of the 700MHz spectrum is extremely important for all New Zealanders.

“Kiwis have fallen in love with smartphones and they have become an essential daily tool. On our network alone, data usage has almost tripled in the last year. Spectrum effectively provides the ‘motorway’ for faster mobile internet services, and we need it to increase capacity on our network to meet our customer needs – now and in the future.”

Mr Hertz says it’s also important a long-term view is taken regarding the allocation.

“As the Minister said in her statement today, this is a once-in-a-generation opportunity so it is important long-term competition and the benefits to consumers are prioritised over any short-term windfall for the Government.

Mr Hertz says the company is in a continual stage of investment.

“An example of this is our recent $15 million investment for additional 1800MHz spectrum from Telstra. This demonstrates the importance of spectrum going forward to meet our customers’ capacity demands. This brings our total investment up to $550 million.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

ALSO:

Hurunui: Crown Irrigation Invests Up To $3.4m In North Canterbury

Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating up to 21,000 hectares on the south side of the Hurunui River in North Canterbury. More>>

ALSO:

Not So Great:Butterfly Eradication Success

The invasive pest great white butterfly has been eradicated from New Zealand in a world-first achievement, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry say. More>>

Gordon Campbell: On The Government’s Tax Cuts Fixation

Long before the earthquake hit, the dodginess of the government tax cuts programnme was evident in the language of its packaging. It is being touted as a “tax cuts and family care” package... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news