The Commerce Commission has received an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank Corp.
One NZ is one of New Zealand’s largest telecommunications companies, offering fixed broadband and mobile to residential and business customers.
Dense Air owns the management rights to 2 x 35MHz in the 2600MHz radio spectrum band but does not currently use the spectrum. Spectrum in this band is currently used by One NZ and Spark to provide 4G mobile and 4G fixed wireless access broadband services. One NZ expects it to be used to provide 5G mobile services in the future.
A public version of the clearance application will be available on the Commission’s case register
