Savoy enters spectrum auction

Savoy Equities put in a bid for a slice of second-generation spectrum on October 20, through subsidiary eSavoy.

Savoy Equities put in a bid for a slice of second-generation spectrum on October 20, through subsidiary eSavoy.

Last month director Kerry Haycock told Computerworld that Savoy was hanging back from bids, at least for the time being, aiming instead to work through one of the eventual winners.

“We have always kept our options open,” he says now. The company has recently had discussions with unnamed third parties regarding potential application of 2G spectrum, and as a result of this has changed its plans.

Also influential is the progress of the spectrum auction, which has “woken up in the past couple of weeks”, Haycock says, with Clear entering for the first time and sharper bidding among other parties such as Telecom and Telstra.

Asked what potential applications Savoy envisages for any spectrum it acquires, Haycock is tight-lipped. “We have a plan in that area,” he says. “But I don’t want to reveal it yet, because we have competitors.”

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