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

 

Teamtalk invests in mobile radio network equipment

News Release 29 December 2003

Teamtalk invests in mobile radio network equipment

Leading mobile radio communications company TeamTalk today announced the acquisition of over $10 million worth of mobile radio equipment to increase the capacity of its nationwide TeamTalk network.

The equipment has been purchased for an undisclosed sum from a South African mobile radio network One.2.One, which went into voluntary receivership earlier this year.

TeamTalk Managing Director David Ware said the purchase would increase TeamTalk’s network capacity in New Zealand.

“TeamTalk has experienced excellent growth in its mobile radio business over the last few years,” Mr Ware said. “Because of this growth, and the expected future escalation in customer numbers and mobile radio calls, we wanted to increase the capacity of the TeamTalk network.”

“The sale provided an opportunity to acquire valuable and sought-after equipment for a good price. This investment shows our commitment to TeamTalk’s mobile radio network customers and will ensure the longevity and robustness of the network.”

A TeamTalk engineer travelled to South Africa to inspect, test and audit the purchased equipment, which is still in use. The equipment will be decommissioned in January and shipped to New Zealand, where it will be integrated into the TeamTalk network. The equipment is in excellent condition.

Many sites in TeamTalk’s network in the South Island will benefit from the increased capacity. Sites in the central North Island and the Waikato will also receive expanded facilities.

“TeamTalk is currently developing and releasing new mobile radio products and services which we expect will be successful additions to the communications market. This equipment acquisition will ensure that the resulting increase in mobile radio usage will be well catered for.”

“We are looking forward to enhancing TeamTalk’s network and continuing our commitment to deliver reliable, robust and cost-effective communications solutions for New Zealand companies,” Mr Ware said.


ENDS


About TeamTalk

- TeamTalk is the largest provider of nationwide, linked radio communication services in New Zealand with over 90% market share of the mobile radio market.
- TeamTalk provides high quality voice, data and telemetry services to a variety of New Zealand businesses including emergency services, trucking and transport companies, courier companies, security firms and a variety of vehicle operators.
- TeamTalk’s network is reliable, robust and extremely cost-effective for companies requiring effective telecommunications solutions.
- TeamTalk employs a full-time staff of 39 in five locations throughout the country, operates two nation-wide mobile radio networks and provides local mobile radio services from 155 sites.
- Companies and organisations that depend on TeamTalk to deliver critical services include Fonterra, Fulton Hogan, Eastern Equities Corporation, city and regional councils and the Westpac Rescue Helicopter & Life Flight New Zealand.
- TeamTalk was founded in 1992 by its current Managing Director David Ware. Its shareholders include Active Equities, private investors, management and staff.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Department Of Conservation: Beech Mast On The Cards After Warm Summer

Climate modelling shows this year’s hot March has increased the chance of beech forest seeding next summer in parts of New Zealand, which could be bad news for native wildlife. The Department of Conservation (DOC) uses data from NIWA’s virtual climate ... More>>

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on seek.co.nz. Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Geo40: Global Plans To Recover Low-Carbon Lithium At Scale Accelerated By Investment Of Up To $7.5m By Pacific Channel

New Zealand’s leading sustainable, mineral-recovery company, Geo40 Limited has secured up to $7.5m in equity investment from New Zealand deep-tech specialist Venture Capital firm Pacific Channel to fast-track plans to develop its nascent lithium-from-geothermal-fluid ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>