Telecom unveils details of new 3G network

15 Oct 2008

Telecom New Zealand has announced a NZD574 million (USD347 million) plan to deploy a nationwide 850MHz W-CDMA network by June next year. The firm says the new system will be ready approximately a year before a similar network which is being deployed by rival operator Vodafone. ‘New Zealanders are demanding fast, ubiquitous and future-ready mobile technology at their fingertips – and with this advancement they will get it,’ said Telecom CEO Paul Reynolds. ‘Telecom’s new mobile network will be superior on every level: the best nationwide coverage, the fastest internet on your mobile, a wide range of world-leading handsets, as well as better content, music and business applications,’ he added. The W850 mobile broadband network, which will incorporate HSPA+ technology to boost data transfer speeds, will cover 97% of New Zealand’s population. The phased switch-on will begin next month, with full commercial availability expected by mid-2009.

The plans for the new rollout will impact on earnings, Telecom says. It has cut its forecast for full-year net profit for the year to end-June 2009 to between NZD460 million and NZD500 million, down from the previous estimate of NZD500 million-NZD540 million. Net profit in the twelve months to June 2008 stood at NZD713 million, down 15.5% year-on-year.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share