Feeds

Woosh take-over in jeopardy

NZ government skewers spectrum aggregation

  • alert
  • submit to reddit

High performance access to file storage

The New Zealand government has put a spanner in the works for Canadian company Craig Wireless’s proposed US$5.5 million purchase of Woosh Wireless.

Woosh Wireless has been denied its request to lift the spectrum cap allotted to each carrier - ahead of schedule - by the New Zealand Economic Development Ministry.

The Dominion Post reports that a spokesperson for the Communications Minister Steven Joyce confirmed that he had accepted the ministry's advice not to lift the cap.

When Craig Wireless announced its intent to acquire wireless broadband provider Woosh in September, the deal was based on the condition that Woosh would be able to transfer 30MHz of radio spectrum in the 2.3-2.5GHz band to Craig.

Craig Wireless already owns 40MHz in the same band, and under existing regulation no company can own more than 40MHz in the 2.3-2.5GHz band until December next year. Last month rival carrier CallPlus spoke out against the lifting of the cap claiming it would set a “dangerous precedent.”

During the New Zealand Ministry of Economic Development’s closed consultation on the matter CallPlus said "if the rules were changed now to enable this acquisition it may potentially encourage more speculation which will limit competition further and artificially increase the cost of building wireless networks in New Zealand.”

Neither Woosh nor Craig Wireless have been available for comment on the development and how it will alter the acquisition plans. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.