March 26, 2015
Spectrum trust happy with progress despite share shrink
Te Huarahi Tika Trust chair Daphne Luke says she’s happy with the progress being made by the Maori spectrum trust.
The trust’s stake in mobile phone company Two Degrees through its Hautaki subsidiary has shrunk to just over 7 percent after it repaid loans owed to majority shareholder Trilogy International.
But Ms Luke says interest is growing in the company’s Iwi Connect programme, where some iwi get a share of the revenue generated by iwi members who sign on as subscribers.
She says despite failing to get any of the 700 megahertz spectrum Two Degrees needs to build is next generation mobile data network, the trust is a strong advocate for Maori in the sector.
"Te Huarahi Tika has been a supporter of the spectrum claimants. We supported them in the legal costs, we were involved in the hui, and we are strong advocates with the Government around the allocation of spectrum as a taonga. The Waitangi Tribunal found it was a taonga and we need the Government to admit to that or to acknowledge that," Ms Luke says.
Te Huarahi Tika is looking for new trustees, preferably young guns with energy and bright ideas.
FOR THE FULL INTERVIEW WITH DAPHNE LUKE CLICK ON THE LINK
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