Best Voip Service Providers Chart
		$9.95 - $16.58
		$19.99 - $39.99
		$9.95 - $15.95

Telecom withdraws radio spectrum application

25 November 2005
Telecom withdraws radio spectrum application
Telecom New Zealand Limited has withdrawn its s66 clearance application to acquire the radio spectrum management rights, known as MED radio frequency auction No 5 lot 01 WLL 06, from Counties Power Limited.
Telecom proceeded with the acquisition without a clearance, and the Commerce Commission is now investigating whether this acquisition is in breach of section 47 of the Commerce Act.
Background
Under section 47 of the Commerce Act a person must not acquire assets of a business or shares if the acquisition would have, or would be likely to have, the effect of substantially lessening competition in a market.
The clearance regime is a voluntary regime. Under section 66, the Commission may grant clearances for acquisitions where it is satisfied that the proposed acquisition would not have, or would not be likely to have, the effect of substantially lessening competitio

Author:  

Email:    

Topic:    

Content:

Related Telecom Articles

• City Telecom (HK) Limited Announces FY05 Annual Results
  22 November 2005



• Time Warner Telecom Delivers Data and Internet Network Solutions to PBM Graphics
  22 November 2005



• AsiaInfo Signs Agreement to Acquire Zheda Lande's Telecom Operation Support Business Group
  19 November 2005



• COLT TELECOM GROUP PLC - HOLDING(S) IN COMPANY
  17 November 2005



• Wisor Launches PortQual(TM) Service for Telecom Carriers
  17 November 2005



• Asylum Telecom and Amperion Announce Strategic Relationship
  16 November 2005



• Comtech Group, Inc. Subsidiary Signs Agreement With China Telecom for Its Location-Based Search Applications
  15 November 2005



• NZ Lotteries to Deploy Telecom IP Infrastructure
  14 November 2005



• PLC Network Solutions Announces Letter of Intent to Acquire Beamax Telecom, an International VoIP Service Provider
  11 November 2005



• Visual Networks Expands Relationship with Mahindra-British Telecom, Leading Global Telecommunications Solutions Provider
  11 November 2005