• Through this transaction, subject to regulatory and other conditions, One NZ is acquiring 2x35MHz of 2600MHz spectrum , which can be immediately deployed by One NZ for its 5G network .
• The management right to this spectrum has five and half years left to run, with renewal due at the end of 2028.

One New Zealand has entered into an agreement to acquire Dense Air’s New Zealand business, including the mid-band spectrum it holds, which will be immediately deployed to improve speeds and capacity on One New Zealand’s award-winning 4G and 5G mobile network.

One New Zealand Chief Executive Jason Paris says the purchase of new spectrum will increase network capacity, benefitting customers across the motu, “Think of it like adding an extra lane on the motorway.”
“Back in July we re-tuned the network leading to a 30 percent speed boost on 5G. Now we’re making our mobile experience even better by making this spectrum available to our customers.”

Focused investment in New Zealand.
The move is part of One NZ’s continuous focus on network improvement, which has seen a significant investment in over 500 4G and 5G site upgrades and new builds in the past eighteen months.

Additional capacity means increased availability for Fixed Wireless Access at faster download and upload speeds, which powers Kiwi customers and businesses across the country to connect and work.

“Whether you are a streamer, gamer, want to stay in touch with loved ones or run your business on the go, we’ve got you covered,” says Paris.

“Customers will notice the improvements, but don’t just take our word for it. We’ve won New Zealand’s ‘Best in Test’ mobile network by global leader in mobile testing umlaut, part of Accenture, for the last two years back-to-back, reflecting our investment.”

Coverage like never before.
One NZ isn’t standing still, with plans to build and upgrade hundreds more mobile sites over the next year.

“Connectivity is our core business and we’re committed to offering our customers a brilliant mobile experience. Adding this new spectrum to our network, we’ll continue developing our awesome 5G network and get ready for next year’s launch of our SpaceX collaboration, providing coverage like never before for New Zealanders.”

One NZ’s acquisition of Dense Air’s New Zealand business is subject to approval by the Commerce Commission and other customary closing conditions.