Cable / Telecom News

Craig Wireless wins Kiwi auction

WINNIPEG - Craig Wireless Systems said this week it has won an auction for a total of 40 MHz of spectrum, in two separate lots, in the 2500-2520 and 2620-2640 MHz bands in New Zealand. The auction for the spectrum management rights in New Zealand was held by the New Zealand Ministry of Economic Development commencing on December 11, 2007. Craig’s winning bid was NZ$1,055,000 -- the equivalent of approximately CDN$800,000. "I am extremely pleased with the acquisition of national spectrum rights in both Norway and New Zealand and look forward to the opportunities that the acquisition creates for the...