TelstraClear exits NZ WIMAX auction

17 Dec 2007

TelstraClear has pulled out of the New Zealand government’s auction of WiMAX wireless broadband spectrum, leaving eight firms chasing a similar number of available licences. TelstraClear says it does not believe that WiMAX broadband services will be competitive with fixed line broadband access, The Dominion Post reports. The government is offering 215MHz of spectrum in the 2.3GHz and 2.5GHz bands. The auction, which began last week, will end once no new bids have been made in two consecutive rounds of bidding. At the end of round 18 on Friday, seven of the licences had received offers, with the bids totalling NZD3.4 million (USD2.6 million). Craig Wireless Systems is leading the bidding for two concessions, while Telecom New Zealand, Vodafone, Woosh Wireless, CallPlus and Snap Internet are all currently in pole position to win one concession each. Two other firms, Kordia and Compass Communications, are also in the running.