November 05, 2015
Luke positive on spectrum progress
The Maori spectrum trust Te Huarahi Tika holds its annual meeting later this month, and chair Daphne Luke says it will strike a positive note.
As well as reporting on the 2014 and 2015 financial years, the trust will give an update on its relations with phone company Two Degrees.
Te Huarahi Tika has a shareholding in the company through its Hautaki subsidiary and is represented on the board by trustee George Reedy and Tuaropaki Trust chief executive Steve Murray.
Ms Luke says there's a lot to report.
"I don't think anyone dreamed that just 8 years ago we would start out with a $5 million investment and end up with the third largest full service telco in the country. Earlier this year we were able to launch our broadband package, been able to buy Snap, get involved with the Sky Neon package and we are now able through our expanded 4G network offer huge savings right into rural communities right around the country," she says.
Daphne Luke says Two Degrees now has a Maori business development team working with iwi.
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