Forum Archive Index - March 2000

["Wedde, John" <john.wedde@cit.ac.nz>]

Thanks for that Wayne and Craig

John Wedde BCA, MA, Senior Lecturer, Business Communication
Programme Leader, NZ Diploma in Business
Central Institute of Technology
Box 40 740 Upper Hutt, New Zealand
EMail: John.Wedde@cit.ac.nz <mailto:John.Wedde@cit.ac.nz> 
Phone: 5276397 EXT. 6747 Mobile 025843729

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                -----Original Message-----
                From:   Craig Beavis [mailto:cbeavis@methven.net]
                Sent:   Friday, 10 March 2000 13:33
                To:     sharechat@sharechat.co.nz
                Subject:        RE: [sharechat] Wireless, mobile
communications.

                Article in today's Business Herald re: Walker Wireless. No
definite answer
                regarding a float, but info about an impressive deal to
share BCL towers.

                Regards,

                Craig

                Wireless network to share towers

                10.03.2000 - By CHRIS BARTON 
                Wireless data network Walker Wireless has reached a
"landlord" deal with
                TVNZ subsidiary BCL to co-site antennae on 400 of its
broadcast transmission
                towers throughout New Zealand. 

                Managing director Paul Ryan said the heads of agreement
ensured excellent
                coverage for Walker Wireless' rapidly expanding network - at
present
                deployed in Auckland, Wellington, Christchurch and New
Plymouth, and soon to
                roll out in Hamilton, Tauranga, Wanganui and Whangarei. 

                The network provides two-way wireless internet access for
businesses at
                speeds ranging from 64Kbps up to 11Mbps over general-licence
radio
                frequencies in the 2.4GHz, 5.8GHz and 900MHz bands. 

                General manager networks Rob Sweet said the "selling of
high-tech hotel
                space" on BCL's 450 sites was core business. The Walker deal
was for space
                only, whereas other arrangements such as for Vodafone and
TV3 included
                maintenance. 

                Mr Ryan said the annual space rental involved a "not
insignificant sum" but
                that Walker Wireless was arranging its own "back-haul"
connections including
                fibre, copper and wireless links to the network. 

                Walker's focus now remains on delivering wireless data
connections to
                business customers in competition with Radionet, recently
acquired by
                hospitality company Wilson Neill, and Safetynet, which is 70
per cent owned
                by Savoy Equities. But Mr Ryan said deployment to
residential consumers was
                in Walker's medium-term plans. 

                He confirmed Walker had been in negotiation with United
States company
                Formus to buy some of its local multi-point distribution
services (LMDS)
                frequencies, acquired from the Government spectrum auction
in 1998 for $2.6
                million. But the deal did not stack up, mainly because of
the high cost of
                the customer premises equipment required to deliver over
LMDS frequencies. 

                Mr Ryan did not rule out bidding in the coming spectrum
auction for 3G
                frequencies. He said the firm was not aggressively pursuing
that band as its
                use was more appropriate to telcos. 

                He said that raising the $20 million capital for expansion
was progressing
                well but he did not rule out the possibility of a float. 




                > -----Original Message-----
                > From: Wedde, John [SMTP:john.wedde@cit.ac.nz]
                > Sent: Friday, 10 March 2000 11:42
                > To:   'sharechat@sharechat.co.nz'
                > Subject:      RE: [sharechat] Wireless, mobile
communications.
                > 
                > Back in early February Wayne Williams responded to my
query about how to
                > get
                > exposure to wireless stocks in NZ with the following info:
                >               
                >               "watch for Walker Wireless
                >               looking for a listing vehicle in near
future.....due
                > diligence under way now
                >               by JB Were........"
                >               Cheers,
                >               Wayne
                > 
                > Wayne, or any one else, any further info on how this is
progressing?   
                > 
                > 
                >
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