CallPlus rejects story, says finance secure

Company rejects NBR claims that $450m WiMax network finance has fallen through

CallPlus today rejected claims in a National Business Review article claiming finance for a planned new WiMax network had fallen through.

The company says NBR's lead story today was incorrect on three points

“Firstly, CallPlus has never disclosed who the financiers are to expand its wireless network, as this is commercially confidential and covered under a non-disclosure agreement,” said Martin Wylie, CallPlus's CEO. “Therefore we have no comment on the party speculated by The National Business Review.

“Secondly, our finance facility is in fact securely in place. It has not been withdrawn, as incorrectly reported in the article.

“Thirdly, there are no technical issues with the WiMax technology. In fact we are very pleased with the results and have had customers operating on the service since 2006."

NBR reported a "source close to the company" as saying the WiMax technology had run into difficulties and therefore the original deal was off. NBR reported that deal was with Japanese bank Marubeni, whose head office could not be contacted by presstime.

"The technology didn't work. It can probably be fixed but right now they've bolted," the paper reported its source as saying.

NBR journalist Duncan Bridgeman told Computerworld he was standing by his story.

CallPlus has been trialling its technology, from Alvarion and distributed here by Siemens, in Whangarei.

"We extended the WiMax service to business customers earlier this year and we are actively trialling a wi-fi enhanced service involving mobile phones that operate on both GSM and wi-fi networks. We have consistently said that if we are successful in the spectrum auction later this year we plan to extend the network rollout,” Wyllie says.

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Tags MarubeniWi-FiWiMaxcallplusNetworking & Telecomms IDnbr

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