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Successful Conclusion to Spectrum Auction

9 August, 2002 Media Statement

Successful Conclusion to Spectrum Auction

Communications Minister Paul Swain welcomed the successful completion of the Government’s latest auction of radio spectrum.

“The wireless local loop and LMDS spectrum bought in this auction is suitable for a range of broadband applications such as internet and data and video distribution services,” said Mr Swain. “The auction is another component in the Government’s overall strategy to ensure that opportunities to provide broadband services are available throughout New Zealand, and I’m delighted with the enthusiasm shown by bidders to acquire this spectrum.

“I’m also pleased to see that the changes we made to the auction rules allowed this auction to conclude far more quickly than previous auctions,” said Mr Swain.

Vodafone (NZ), Broadcast Communications Ltd, and TelstraClear were provisionally successful bidders for both wireless local loop and LMDS spectrum. The other provisionally successful bidder for wireless local loop spectrum was Counties Power, which linked up with UCC and Compass Communications during the auction. Vodafone also purchased spectrum around 900 MHz suitable for cellular telephony.

The combined value of provisionally successful bids in the auction was $9.088 million.

Mr Swain said a Government decision on the two additional wireless local loop lots that have been reserved for the implementation of regional broadband initiatives will be made within the next couple of months.


ENDS

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