Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  Spark New Zealand Ltd    SPK   NZTELE0001S4

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Spark New Zealand : Queenstown becomes New Zealand’s first town with 4.5G – enabling fastest mobile speeds in the country

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/19/2017 | 10:21pm CEST

20 June 2017

Spark leads the way, activating cutting-edge mobile technology on five mobile sites across Queenstown.

Key facts:

  • 4.5G can deliver up to 3-5 times more speed and capacity than 4G from a single mobile tower to compatible devices
  • Spark plans to deliver 4.5G to 10 more towns in the next 12 months
  • Over 53 terabytes of mobile data used in Queenstown in May 2017, around half of this was video streaming - the equivalent to watching over 7000 hours of High-Definition streaming on Lightbox or Netflix
  • More capacity will improve Spark's Wireless Broadband product, with the potential for higher speeds as devices catch up into the future
  • $4.5K for 4.5G: To celebrate the launch, Spark is giving away free data spot prizes, Samsung Galaxy S8 smartphones, and a grand prize of $4,500

Spark announced today that Queenstown has become the town capable of getting the fastest mobile data speeds in the country, as 4.5G is switched on across five mobile towers in the area. Queenstown CBD, Frankton, and Arrowtown, and some areas in between are all covered by the next-generation network.

4.5G is the next generation of mobile technology, capable of delivering more capacity and faster speeds, and giving people more connectivity options. The launch of 4.5G in Queenstown follows single-tower deployments covering limited areas in the Christchurch CBD and Silverdale, Auckland last year, but this is the first time the technology has been activated on a cluster of towers to deliver the improved capability to a wider geographic region.

The upgrade puts the Spark network slightly ahead of devices, with no commercially available modems or phones supporting the entire range and combination of 4.5G features at the moment.

However, most new high-end phones support many 4.5G features, which propels their speeds to between three and five times faster than regular 4G. Real-world testing in Queenstown has been delivering over 400 megabits-per-second (Mbps), and specialised equipment reached a peak speed of 1.15 gigabits per second (Gbps) in Christchurch last year. Actual speeds may vary based on device being used and load on the tower the customer is connected to.

The launch will also deliver plenty of new capacity, allowing Queenstown residents to benefit from Wireless Broadband as an alternative to fixed-line services for low to moderate data users of home broadband. Wireless Broadband from Spark gives people high-quality broadband (with or without a landline), but by connecting to the nearest cell site rather than over a fixed line laid to their house.

To celebrate the Queenstown launch, Spark will be on the streets of central Queenstown on Tuesday 20 June with free data bundles and the chance to win a new Samsung Galaxy S8 or a grand prize of $4,500.

Spark Chief Operating Officer, Mark Beder, says the deployment is an important stepping stone to 5G, which is likely to become commercially available sometime in the next few years.

'4.5G is an important part of our strategy because it helps us prepare for a 5G future today, keeping up with the changes in the ways people will use wireless technology over the next few years. Because 4.5G combines a range of radio spectrum and uses it more efficiently, we can provide more capacity and speeds to our customers, allowing them to do more.

'Queenstown is the tourism capital of New Zealand, surrounded by marvellous mountains and the gorgeous Lake Wakatipu. The region's world-class adventure and relaxation activities create experiences that are tailor-made for sharing, and deserve a world-class network to do it on.

'New Zealanders have an insatiable demand for data and data-driven products, and Queenstown is right up there. Spark's Peninsula Hill is in the top ten busiest sites for data use in the country, and in May over 53 terabytes of mobile data was used in the region. Around half of this was for streaming video, which is the equivalent of streaming over 7000 hours of High-Definition video on Lightbox or Netflix. Spark deploying 4.5G enables and supports this - it means people can do more, stay in touch with friends and family, and provides more options for fast, high-quality Wireless Broadband,' said Beder.

Spark is committed to providing the important infrastructure that New Zealand needs to compete in the new digital economy, and intends to continue to deliver more 4.5G around the country. Ten more towns are to be activated with 4.5G within the next 12 months, alongside Spark's ongoing 4G upgrade and deployment programme.

Notes to the editor:

What is 4.5G?
4.5G is an evolution on 4G. Spark is delivering it over a wide range of its spectrum assets, including the recently acquired 2300MHz spectrum by utilising 'Carrier Aggregation' technology (using multiple bands of spectrum simultaneously to increase speeds and capacity), 4x4 MIMO (utilising multiple antennae simultaneously to multiply available capacity), and 256 QAM (or Quadrature Amplitude Modulation, which improves the efficiency of radio transmissions and allows for more speed).

For more information please contact:

Sam Durbin
Communications Partner, Spark
+64 27 529 4342
Sam.Durbin@spark.co.nz

For high quality Spark New Zealand logos, photographs of the leadership team, and boilerplate to help with your story or event, visit sparknz.co.nz/news/downloads.

Spark New Zealand Ltd. published this content on 20 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 June 2017 20:21:13 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SPARK NEW ZEALAND LTD
06/19 SPARK NEW ZEALAND : Queenstown becomes New Zealand’s first town with 4.5G ..
06/19 SPARK NEW ZEALAND : moves to buy back retail stores
06/19 SPARK NEW ZEALAND : planning to take on direct management of all consumer stores
06/18DJSPARK NEW ZEALAND : To Take On Direct Management Of All Stores
06/14 SPARK NEW ZEALAND : invests in strategic partnership with Nokia for core infrast..
05/11 SPARK NEW ZEALAND : brings email home to New Zealand
05/09 SPARK NEW ZEALAND : introduces ‘Data Lovers’ packs
05/08 RUMOUR ABOUT CUTS NOT TRUE : Spark
04/19 SPARK NEW ZEALAND : NZ to switch from PSTN to IP-based network by 2022
04/12 Vodafone NZ to buy rural broadband provider for NZ$10m
More news
News from SeekingAlpha
06/30 Spark New Zealand Limited (NZTCF) Investor Presentation - Slideshow
06/14 Spark New Zealand, Nokia team on network upgrade partnership
04/12 Top Yield Communications Service Dogs Led By B Comm, Internet Gold, & Windstr..
03/07 The Investment Case For New Zealand
02/27 WALL STREET BREAKFAST : LSE-Deutsche Boerse Deal In Danger
Financials ( NZD)
Sales 2017 3 568 M
EBIT 2017 575 M
Net income 2017 392 M
Debt 2017 933 M
Yield 2017 6,47%
P/E ratio 2017 17,95
P/E ratio 2018 17,37
EV / Sales 2017 2,25x
EV / Sales 2018 2,22x
Capitalization 7 093 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 3,59  NZD
Spread / Average Target -7,1%
EPS Revisions
Managers
NameTitle
Simon Paul Moutter Managing Director & Executive Director
Mark John Verbiest Non-Executive Chairman
Mark Beder Chief Operating Officer
David Chalmers Chief Financial Officer
Charles Sitch Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SPARK NEW ZEALAND LTD5 267
VERIZON COMMUNICATIONS-17.16%180 390
NIPPON TELEGRAPH AND TELEPHONE CORP10.14%101 314
DEUTSCHE TELEKOM-3.79%87 152
TELEFONICA6.41%54 998
SINGAPORE TELECOMMUNICATIONS LIMITED6.59%46 411