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

 

AM and FM radio licence auction goes online

AM and FM radio licence auction goes online


The Ministry of Business, Innovation and Employment (MBIE) has today released further details of the upcoming auction of AM and FM broadcasting licences.

Around 180 fully commercial licences are for sale, with tenure to 2031.

For the first time in New Zealand, these broadcasting licences will be sold via an online auction - managed by Turners. The auction will run on both the Turners website and Trade Me.

“Using these well-established, online sites means bidders around the country will have easy access to the auction,” says Len Starling, Radio Spectrum Manager at MBIE.

The auction is due to start on 27 November 2014 and will run for seven days.

“Radio spectrum auctions are held to ensure that licences are allocated to the highest value use,” Mr Starling said. “The auction will also mean long-term certainty for the successful bidders.”

Existing holders of temporary licences in these frequencies will be able to continue to broadcast until the auction process has been completed.

The auction catalogue has been published on the MBIE Radio Spectrum Management website at:

http://www.rsm.govt.nz/cms/policy-and-planning/projects/auction-13-2014-am-and-fm-licences-for-sound-broadcasting

[ends]

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>

ALSO:

Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>

ALSO:

IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>

ALSO:

Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>

ALSO:


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>

ALSO:


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>

ALSO:

Winding Down Irrigation: Funding Ends For Crown Irrigation Investment

The Government has begun winding down public funding for large-scale irrigation through Crown Irrigation Investments Limited (CIIL), in line with the Coalition Agreement and the Confidence & Supply Agreement. More>>

ALSO: