Communications and Information Technology Minister Amy Adams today announced the completion of cellular spectrum renewals that secure key rights for Telecom, 2degrees and Vodafone through to 2031.
Telecom has this week completed settlement, enabling it to renew the 850 megahertz (MHz) band rights that it uses for its XT network.
2degrees settled in January for the 900 [...]

The New Zealand Herald has reported mounting concerns over the regulation of successful bidders for the government’s ultrafast broadband initiative. The concerns arise from the intention by government to give successful bidders a ten year break from regulation. As such, telecoms firms and consumer advocate groups have joined forces to ensure the successful bidders do [...]

Brightstar has signed a new; three-year supply chain agreement with Telecom New Zealand Ltd. Brightstar is a global leader in services and solutions for the wireless industry. The deal will see Brightstar provide supply chain services for all mobile, broadband and fixed line products for New Zealand’s largest telecommunications service provider.
As part of the agreement, [...]

New Zealand’s newest mobile provider 2degrees is to invest more than $100m in its network over the next two years, following an agreement with global telecommunications provider Huawei.
2degrees already provides its customers with nationwide 2G and 3G mobile services via its own network and through commercial roaming. Today’s announcement will see a significant increase in [...]

Yellow Pages Group purchased www.groupy.co.nz; a New Zealand based small online bulk-buying company. The Yellow Pages Group is currently negotiating its way through the next stage of its massive and fraught restructuring. The group announced Monday it had bought the group-buying site www.groupy.co.nz.
The Yellow Pages is expected to announce a new look soon. The group [...]

After failing to sign a contract with the New Zealand government in its Ultra-Fast-Broadband (UFB) network plans, the NZ Telecom has reported it may not be able to attain its goal of structurally separating its business by the end of June this year. The telecoms giant flopped in a bid to win the multi-billion New [...]

Pacific Fibre announced Thursday it had closed its fourth round of funding, raising over NZ$5.5 million. Pacific Fibre plans to build a fibre optic cable connecting Australia and New Zealand to the USA. According to Pacific Fibre, the existing external investors all contributed to the subscription round, while San Francisco investor Peter Thiel’s New Zealand [...]

The ProPrint reported Tuesday that New Zealand paper merchant BJ Ball and Maui Capital are to acquire Focus Paper. The investment is expected to enable Focus paper competes favorably with market leaders, bolstering its positions. Focus director, Darell Price said the deal is to be completed and take effect from today, 30th November, 2010.
It will [...]

In a bid to expand its dominance of TV, Sky TV Wednesday launched its online TV service; coming months after the firm announced the plans. The move is aimed at expanding the pay TV firm’s dominance and enhances its offering. However, Sky is still waiting for Telecom and TelestraClear, New Zealand’s two largest internet service [...]

Telecom New Zealand has cancelled its dividend re-investment plan for its first quarter dividend. The firm has blamed uncertainty about the Government’s broadband plans for the suspension. New Zealand Telecom shareholders who had decided to take part in the dividend reinvestment plan will receive a cash dividend at the same time as dividends are paid [...]