Govt forsakes financial gain to facilitate faster 5G

Govt forsakes financial gain to facilitate faster 5G
Rebecca Howard
The allocation of early access rights in the 3.5 gigahertz band for 5G services will be cheaper for telcos than it would have been pre-covid, but the government is willing to take the revenue hit if it means rolling out the service. The government had planned to auction off spectrum for the early-access stage of 5G, but canned the idea when the covid-19 pandemic hit, instead allocating blocks to Dense Air, Spark New Zealand and Two Degrees Mobile. Vodafone NZ had enough spectrum to press ahead with its own plans.  A second auction is stil...

More Economy

RBNZ upbeat about interest in governor role
Economy

RBNZ upbeat about interest in governor role

Expressions of interest to follow on from Adrian Orr closed on Friday

Rebecca Howard 13 Jun 2025
Finance Minister says RBNZ could have 'pulled its socks up'
Economy

Finance Minister says RBNZ could have 'pulled its socks up'

Willis says RBNZ did not manage an OIA request about Adrian Orr well.

Rebecca Howard 12 Jun 2025
Orr resigned over funding disagreement
Economy

Orr resigned over funding disagreement

Board had conceded a lesser amount of funding was fine. 

Staff reporters 11 Jun 2025
NZ dollar targeting 61 US cents in short term
Economy

NZ dollar targeting 61 US cents in short term

The kiwi was trading at 60.20 US cents early Monday.

Rebecca Howard 09 Jun 2025