New Zealand Telecoms Market Report 2024: New Zealand's Chorus to Close Copper Network Within a Decade [Yahoo! Finance]
AirNet Technology Inc. - American Depositary Shares, each representing one ordinary shares (ANTE)
Company Research
Source: Yahoo! Finance
The principal growth areas in New Zealand's telecom market remain in mobile broadband and fibre, where most investment among operators has been concentrated. With the UFB rollout having been completed in December 2022, Chorus expected that 95% of the population could be covered with fibre in the short-term. New Zealand's mobile market continues to undergo significant developments. There have been considerable gains made in LTE services, with effective competition between Spark, One NZ, and 2degrees. Although 2degrees only has about 22% of the market, it manages mobile infrastructure on a par with the two major competitors. Having merged with Vocus, 2degrees also picked up the fixed broadband subscriber base of MyRepublic. All three MNOs expanded their 5G footprint in 2023, helped by the allocation of spectrum in the 3.5GHz range early in the year. Key Developments: Vodafone New Zealand rebrands as One New Zealand. Infratil Group acquires Brookfield's stake in One New Zealan
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Sec Filings
- 6/3/24 - Form EFFECT
- 5/31/24 - Form 6-K
- 5/31/24 - Form 6-K
- ANTE's page on the SEC website