Sharechat Logo

Vodafone to switch on 5G in December

Thursday 1st August 2019

Text too small?

Vodafone New Zealand, owned by Infratil and Brookfield Asset Management as of today, plans to switch on a 5G network in Auckland, Wellington, Christchurch and Queenstown in December.

“5G is so much more than the successor to 4G. It’s our most powerful tool yet, representing a transformational shift that will drive a digital revolution and make New Zealanders’ lives and businesses better, smarter and more productive," said Vodafone NZ chief executive Jason Paris. 

At full capability, 5G will enable more than 10 times faster speeds on 5G smartphones than typical 4G today, Vodafone NZ said.  

The company's first four partners will be the Police, BNZ, Auckland’s Rescue Helicopter and Waste Management, he said. "They have agreed to work with us and our partners Nokia, Microsoft, and IBM, to begin to scope their 5G future.”

It will also be communicating with its mobile customers about how to access 5G enabled plans for no additional charge but "in the future we plan to charge a premium for 5G." 

According to Paris, to be eligible for 5G customers will need a 5G capable device, a 5G enabled plan and be in a 5G connected area.

"The experience of Vodafone in launching 5G in other countries has shown that consumer applications such as gaming, wearables, and smart home technologies definitely benefit from 5G’s higher-speed and lower latency. However, it is innovative businesses and public organisations who are the real early adopters," he added. 

The announcement demonstrates Infratil and Brookfield’s commitment to invest in New Zealand’s future, and is the first of many initiatives, Paris said. Infratil and Brookfield bought Vodafone NZ for $3.4 billion. The sale settled yesterday after all regulatory approvals were obtained. 

(BusinessDesk)

NOTE: please be advised to read full articles from Business Desk Website, you will have to pay a subscription fee on their website.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar holds gains on improved dairy, bank capital outlook
MARKET CLOSE: NZ shares gain; banks rally on Reserve Bank capital decision
NZ dollar rises; bank capital rules less harsh than expected
RBNZ relaxes capital requirements, allows preference shares, extends phase-in
NZ dollar extends gain amid mixed US data, possible trade progress
MARKET CLOSE: NZ shares dip on eve of major regulatory decisions
NZ dollar sees off global headwinds, holds above 65 US cents
NZ dollar holds above 65 US cents; dairy auction prices mixed
Dairy index falls on weaker butter, milk fat demand
MARKET CLOSE: NZ shares join global decline; US tariff move weighs on exporters

IRG See IRG research reports