Why telcos are going mad for TowerCos

Why telcos are going mad for TowerCos
The sale of passive mobile towers is big business. (Image: Deposit Photos)
Henry Burrell
New Zealand’s three telecoms operators are in flux.2degrees is teetering on the edge of acquisition, texting the Overseas Investment Office every morning to see if there’s an update. The telco waits on a “you may merge” reply, just like it got from the Commerce Commission and its current owner, Trilogy’s shareholders. Permission will see it blend its mobile network with Orcon Group’s fixed network.Meanwhile, Spark and Vodafone NZ are busy copying each other’s homework (in something eerily similar t...

More Technology

Nanogirl Labs owes more than $400k
News in Brief

Nanogirl Labs owes more than $400k

The report said creditors are unlikely to be paid.

Rakon shoots for the stars with satellite contracts
Markets

Rakon shoots for the stars with satellite contracts

High-tech firm says it has bids in for up to 10 new satellite contracts.

ASX-listed Attura pays $24.5m for NZ IT firm Plan B
News in Brief

ASX-listed Attura pays $24.5m for NZ IT firm Plan B

The companies confirmed in October that they were in acquisition talks.

Staff reporters 02 Dec 2024
Review: Oppo zooms in to high end of phone market
The Life

Review: Oppo zooms in to high end of phone market

The Find X8 Pro is pricey but its four-into-one camera should sway many customers.

Greg Hurrell 30 Nov 2024