Speculation ramps up over TelstraClear/Ericsson's NZ 3G network

Neither confirm nor deny the official line

Despite detailed reports in the Australian press that the Telstra mothership has signed a deal with Ericsson TelstraClear is refusing to provide any further information about the pending 3G mobile network rollout in New Zealand.

According to The Australian newspaper, Telstra plans to spend $150 million on building either a WCDMA or EV-DO network, mainly to stop its subsidiary TelstraClear's sliding further in value and in the hope to make it turn a profit.

However, TelstraClear spokeman Mathew Bolland is unwilling to confirm or deny the report, but points out that if Telstra had signed an agreement with Ericsson, it would have to notify the Australian stock exchange. This, Bolland adds, has not been done.

Likewise, Ericsson spokeswoman Elizabeth Middleton remains tight-lipped as to what the telco equipment vendor is doing with the Australians. Middleton's only comment is "TelstraClear has not made any announcements on their vendor".

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