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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Tū Ātea acquires Broadtech in telecommunications push

Māori group acquires Broadtech and over $24m worth of spectrum, marking new era in NZ's telecom industry.

Tū Ātea has acquired the Broadtech Group for an undisclosed amount.

Liam Rātana Fri, 22 Dec 2023
Key points
  • What’s at stake: The acquisition of Broadtech by Tū Ātea means better Māori representation and participation in New Zealand’s telecommunications spectrum.
  • Background: This strategic acquisition is part of an ongoing effort dating back to 1999, involving a Waitangi Tribunal claim and subsequent governmental negotiations, culminating in Māori securing 20% of future commercial spectrum allocations.
  • Key players: Tū Ātea (formerly Interim Māori Spectrum Commission), Broadtech Group (including Johnston Dick and Associates, Broadtech Technologies, Cobalt Technologies), Māori Spectrum Working Group (MSWG), New Zealand Government.

Tū Ātea, formerly the Interim Māori Spectrum Commission, has acquired the Broadtech Group and its subsidiaries. The acquisition was funded through a recent agreement penned between the Māori Spectrum Working Group (MSWG) and the Crown regarding the allocation of radio spectrum in New

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Liam Rātana Fri, 22 Dec 2023
Contact the Writer: liam@nbr.co.nz
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Key points
  • What’s at stake: The acquisition of Broadtech by Tū Ātea means better Māori representation and participation in New Zealand’s telecommunications spectrum.
  • Background: This strategic acquisition is part of an ongoing effort dating back to 1999, involving a Waitangi Tribunal claim and subsequent governmental negotiations, culminating in Māori securing 20% of future commercial spectrum allocations.
  • Key players: Tū Ātea (formerly Interim Māori Spectrum Commission), Broadtech Group (including Johnston Dick and Associates, Broadtech Technologies, Cobalt Technologies), Māori Spectrum Working Group (MSWG), New Zealand Government.
Tū Ātea acquires Broadtech in telecommunications push
General Business,
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