Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Final 700 MHz spectrum block auctioned: Telecom win with $83 million bid
Posted on 22-Jan-2014 16:21 | Tags Filed under: News



The Government has announced today that Telecom is the successful bidder in the auction of the final 2x5 MHz lot of 700 MHz radio spectrum.

Telecom Chief Executive Simon Moutter said, “We are very pleased to have been informed that we have successfully secured a fourth lot of 700 MHz spectrum. This fourth lot will provide significant benefits to customers in terms of the potential speed and capacity of Telecom’s 4G mobile network.

“The more of this 700MHz spectrum a carrier has, the faster the speeds it will be capable of offering and the more data it can carry, so this fourth lot puts Telecom in the best position in the market to deliver a very high-performance 4G mobile network for New Zealand, including in less densely populated areas.

“This demonstrates Telecom’s absolute commitment to being the leader in mobile and data network capability and provides a strong foundation for Telecom to continue to deliver world class mobile and data services to New Zealanders across the country.”

Telecom bid $83 million for this final lot, in addition to the total of $66 million for three lots in the initial auction round. The purchase of a fourth 2x5 MHz lot is conditional upon approval from the Commerce Commission.

Mr Moutter added, “We’ve now got a leading data network integrating 3G, 4G, WiFi, ADSL, VDSL and Fibre backed up by a nationwide optical transport network that is underpinning anytime, anywhere connectivity for customers. With the addition of this 700 MHz spectrum, we will be in a very strong position to support New Zealand’s data, mobility and digital services future.”

In the first round of the auction, announced on 30 October 2013, Telecom and Vodafone each successfully bid for 2x15 MHz (three lots), while 2Degrees successfully bid for 2x10 MHz (two lots) leaving a single 2x5 MHz lot unsold from the available nine lots.

In the first round of the auction in October last year, three bidders were each entitled to bid for three spectrum blocks. However, 2degrees only bid for two blocks, leaving one block unsold.

Following the final round of the auction, the results of the 700 MHz auction are (subject to Commerce Commission clearance):

- Telecom: 2x20 MHz (four blocks)
- Vodafone: 2x15 MHz (three blocks)
- 2degrees: 2x10 MHz (two blocks)

Under the auction terms, bidders who acquire three blocks of radio spectrum must build at least five new cell sites each year, for five years.

As a condition of winning the final spectrum block and having four blocks of 700 MHz radio spectrum, Telecom will be required to build ten new cell sites each year for five years, in areas that it does not currently cover.

All successful bidders will also be required to upgrade 75 per cent of their existing rural cell sites to 4G, up to a maximum of 300 sites.

The auction conditions are designed to ensure that at least 90 per cent of New Zealanders have access to a 4G network and faster mobile broadband coverage within five years.






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Driving an automatic - do you use one foot or both?
Created by geekIT, last reply by Batman on 22-Sep-2017 11:07 (122 replies)
Pages... 7 8 9


iPhone 8/iPhone X, impressions?
Created by surfisup1000, last reply by Insanekiwi on 22-Sep-2017 10:59 (381 replies)
Pages... 24 25 26


Auckland Airport fuel supply obliterated by digger
Created by Batman, last reply by Batman on 22-Sep-2017 10:10 (213 replies)
Pages... 13 14 15


How to backup/copy an iphone app?
Created by Batman, last reply by scuwp on 19-Sep-2017 19:37 (24 replies)
Pages... 2


Mighty Ape Birthday hunt 2017
Created by ThePlague, last reply by joshhill96 on 21-Sep-2017 23:11 (22 replies)
Pages... 2


IOS 11 email client and Office 365 - heads up people
Created by gjm, last reply by mattwnz on 20-Sep-2017 17:15 (18 replies)
Pages... 2


When did we become America
Created by BTR, last reply by Geektastic on 22-Sep-2017 11:13 (65 replies)
Pages... 3 4 5


Sky blames piracy for lost customers. Sky: it's time to wake up and smell the coffee.
Created by kingdragonfly, last reply by Rikkitic on 21-Sep-2017 11:10 (482 replies)
Pages... 31 32 33