Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Econet-Hautaki Joint Venture Good News For Mäori

26 September 2001 Media Statement

Econet-Hautaki Joint Venture Good News For Mäori


Mäori Affairs Minister, Hon Parekura Horomia has welcomed the news that Econet Wireless has entered into a commercial arrangement with Hautaki Ltd, on behalf of Te Huarahi Tika Trust.

Mr Horomia says the joint venture is absolutely in line with the coalition Government’s commitment to increasing Maori participation and involvement in the information and telecommunications sector.

"This morning's announcement endorses the Government’s decision to provide Maori with an option on purchasing the management rights to a block of the 3G spectrum. The venture will ensure Mäori are shareholders in a company at the cutting edge of technological change in New Zealand. The joint venture also has the potential to create new training and employment opportunities as well as investment opportunities for Mäori. Of course all cellular phone users will benefit from the added competition of a third mobile network in New Zealand."

Te Huarahi Tika Trust was established last year, prior to the auction of management rights to 3rd generation radio spectrum, when the government granted Mäori the right to purchase some of the management rights. Te Hautaki is a trustee company that holds the management rights on behalf of the Trust.

Mr Horomia acknowledged the work of members on both groups, paying special tribute to the chairperson Bill Osborne.

"Many people were sceptical that a partner would ever be found for a joint venture. The Trust, and in particular the directors that negotiated the deal with Econet Wireless NZ, need to be congratulated for pulling together this deal. Now that the deal has been signed, the trust can investigate ways to use the ownership of the management rights to increase Mäori participation in the telecommunications sector."

Mr Horomia is aware of the importance of the Telecommunications Bill, which the Commerce Select Committee has spent the last four months considering submissions on.

"The Select committee has considered a number of complex issues with a view to developing a robust regulatory regime for telecommunications which best serves all New Zealanders. I look forward to the Bill being progressed through the House.”


ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Criminalising Of Rap Music


For black youth in America, there can be only three ways out of the ghetto: athletics, music or drug dealing. And for every individual who succeeds in making it out, dozens more attach themselves to their celebrity crews in order to bask in the reflected glory, and partake of the lifestyle. And what rap musician can afford to turn their back entirely on the ‘hood, when staying street and staying real is what their audience demands of them..?
More>>



 
 



Crime: Govt Helps Protect Shops From Ram Raids

The Government is providing further support to help Police protect small businesses affected by a spike in ram raids, Minister of Police Poto Williams says... More>>


Government: Investment Boosts Coastal Shipping In Aotearoa
New Zealand is a step closer to a more resilient, competitive, and sustainable coastal shipping sector following the selection of preferred suppliers for new and enhanced coastal shipping services, Transport Minister Michael Wood has announced today... More>>


Government: New Zealand To Stay At Orange For Now
With New Zealand expecting to see Omicron cases rise during the winter, the Orange setting remains appropriate for managing this stage of the outbreak, COVID-19 Response Minister Chris Hipkins said today... More>>


Government: Independent Panel Appointed To Review Electoral Law
Justice Minister Kris Faafoi today announced appointments to the independent panel that will lead a review of New Zealand’s electoral law. “This panel, appointed by an independent panel of experts... More>>


Trade: Prime Minister To Visit United States
Prime Minister Jacinda Ardern is leading a trade mission to the United States this week as part of the Government’s reconnection strategy to support export growth and the return of tourists post COVID-19... More>>


National: Jacqui Dean To Retire From Parliament In 2023

Waitaki MP Jacqui Dean has announced that she will not be seeking re-election at the 2023 election. “I have advised the President and Leader of the National Party that I have decided not to put my name forward... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels