FILE PHOTO: An advertising board shows a 5G logo at the International Airport in Zaventem, Belgium May 4, 2020. Picture taken May 4, 2020. REUTERS/Yves Herman
(Reuters) – Spark New Zealand Ltd said it will manage part of the country’s allocation of 5G spectrum as it prepares for a rollout of the mobile technology over the next year.
The Kiwi telecom and digital services provider said it will be offered management rights to 60 megahertz (MHz) of a 3.5 gigahertz (GHz) spectrum in 5G mobile phone technology in a statement on the New Zealand Stock Exchange.
It comes as Spark last year abandoned plans to exclusively rely on China’s Huawei [HWT.UL] for the rollout of 5G services in New Zealand amid concerns over national security.
Chief Executive Jolie Hodson said the government’s allocation enables significant investment in 5G over the coming year and touted its importance in New Zealand’s response to and recovery from the COVID-19 pandemic. The 5G mobile technology promises…
Source Reuters Tech News
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