Craig Wireless Systems has announced that its wholly owned subsidiary, Craig Wireless New Zealand Spectrum Operations, has acquired management rights for an additional 35MHz spectrum block in the 2300MHz band from state-backed telco Kordia. Craig paid a total of NZD2.2 million (USD1.9 million) for the frequencies. CEO T. Boyd Craig commented: ‘The acquisition of these 4G spectrum rights in addition those just closed on through our subsidiary Woosh Wireless evidences our enterprise’s continuing commitment to the New Zealand market. We look forward to continuing to develop our business presence in New Zealand utilising these recently acquired assets’.
According to TeleGeography’s GlobalComms Database, Craig Wireless and its affiliates – collectively known as the CWS Group – holds or leases licences for spectrum in the 2300MHz, 2500MHz, 2600MHz and 3500MHz bands in New Zealand, Riverside County (Southern California), Greece and Norway. Mobile broadband provider Woosh Wireless presides over a network comprising 135 base stations in Auckland, Wellington, Christchurch and the Southland region, providing service to more than 20,000 customers. Craig Wireless presently holds a 75% interest in the company.