TeamTalk buys $10 mill of new gear

Monday 12th January 2004

Mobile radio communications company TeamTalk has announced the acquisition of more than $10 million worth of mobile radio equipment to increase the capacity of its nationwide TeamTalk network.

The equipment has been purchased for an undisclosed sum from a South African mobile radio network One.2.One, which went into voluntary receivership earlier last year.

TeamTalk managing director David Ware said the purchase would increase TeamTalk's network capacity in New Zealand.

"TeamTalk has experienced excellent growth in its mobile radio business over the last few years," Ware says. "Because of this growth, and the expected future escalation in customer numbers and mobile radio calls, we wanted to increase the capacity of the TeamTalk network."

"The sale provided an opportunity to acquire valuable and sought-after equipment for a good price. This investment shows our commitment to TeamTalk's mobile radio network customers and will ensure the longevity and robustness of the network."

A TeamTalk engineer travelled to South Africa to inspect, test and audit the purchased equipment, which is still in use. The equipment will be decommissioned in January and shipped to New Zealand, where it will be integrated into the TeamTalk network.

Many sites in TeamTalk's network in the South Island will benefit from the increased capacity. Sites in the central North Island and the Waikato will also receive expanded facilities.

"TeamTalk is currently developing and releasing new mobile radio products and services which we expect will be successful additions to the communications market. This equipment acquisition will ensure that the resulting increase in mobile radio usage will be well catered for."

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