New Zealand commercial radio spectrum valuations cut by 70 percent

PravdaReport ·
Economy Markets New Zealand
Russia

New Zealand's commercial radio sector is facing a significant reduction in capital costs as the government offers a 20-year renewal of broadcasting frequencies for a total of $11.2 million to the largest operator, NZME. This pricing represents a valuation of the industry's spectrum that is approximately 70 percent lower than the amounts paid during the previous renewal round in 2011. The change…

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