INDEPENDENT NEWS

Telecom applies for clearance to acquire spectrum

Published: Mon 10 Oct 2005 06:02 PM
10 October 2005/037
Telecom applies for clearance to acquire radio spectrum management rights
The Commerce Commission has received an application from Telecom New Zealand Limited (Telecom) to acquire the radio spectrum management rights known as MED radio frequency auction No 5 lot 01 WLL 06, which apply to the range of 3,459MHz to 3,466MHz and 3,559MHz to 3,566MHz, from Counties Power Limited (CPL).
Telecom is a wholly-owned subsidiary of Telecom Corporation of New Zealand Limited and a member of the Telecom Group of companies. Telecom Corporation of New Zealand Limited includes Telecom New Zealand Limited, Telecom Mobile Limited, Xtra Limited, and Telecom Directories Limited.
CPL, formerly the Franklin Electric Power Board, is owned by the community in the form of the Counties Power Community Trust.
In considering the application, the Commission's role is to determine whether the acquisition has the effect of substantially lessening competition in a market.
A public version of the application will shortly be available on the Commission's website, www.comcom.govt.nz , under Public Registers.
ENDS

Next in Business, Science, and Tech

NZ EU FTA Coming Down To The Wire – Hold The Line, Says Business Forum
By: NZ International Business Forum
NZ space sector set to star in Moon mission
By: Ministry of Business Innovation and Employment
The Sky Is The Limit - Air New Zealand To Relaunch 14 International Routes In 16 Days
By: Air New Zealand
Cashing In On Carbon: The New Carbon Marketplace Helping Native Forest To Thrive
By: Carbonz
Entrust Dividend Will Be Welcomed After Another Tough Year
By: Entrust
NZ Economy: Prevailing Headwinds
By: BusinessNZ
View as: DESKTOP | MOBILE © Scoop Media