Brief: Spark New Zealand Says Confirmed Signing Of C-Band Spectrum Agreement

Spark New Zealand

12/05/2023 01:13

May 12 (Reuters) - Spark New Zealand Ltd  SPK.NZ :
    * CONFIRMS SIGNING OF C-BAND SPECTRUM AGREEMENT
    * SIGNED AGREEMENT WITH CROWN FOR A DIRECT ALLOCATION OF
C-BAND
MOBILE SPECTRUM
    * WILL INVEST AN ADDITIONAL NZ$24 MILLION IN FUNDING TO
RURAL
CONNECTIVITY GROUP BETWEEN 2023 AND 2025
    * COMMITTED TO ACCELERATING DEPLOYMENT OF 5G NETWORK TO 27
SITES
IN 25 REGIONAL TOWNS USING ALLOCATED C-BAND SPECTRUM
    * COMMITTING NZ$40-NZ$60 MILLION TO DEVELOPMENT OF 5G
STANDALONE
OVER NEXT THREE YEARS

Further company coverage:  SPK.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))