Formus near decision on NZ partner

Formus Communications, the Denver-based network communications company, will decide who its New Zealand partner will be in the next few weeks. The company owns a large chunk of New Zealand's 26 to 28GHz radio spectrum.

Formus Communications, the Denver-based network communications company, will decide who its New Zealand partner will be in the next few weeks.

The company owns a large chunk of New Zealand's 26 to 28GHz radio spectrum. Formus CEO Bernie Dvorak says the company considered selling its New Zealand licence after it was unsuccessful in obtaining broadband spectrum in Australia, but it has now decided to retain its asset and work with a partner instead.

"We are focusing on Latin America and Europe as we were not successful in Australia. However, we've come to the conclusion that our New Zealand licence is valuable and we would like to stay in that market with a partner."

Formus has sent proposals to six potential partners, including Telecom, and hopes to get a response within the next week. Computerworld understands Clear is also talking to Formus.

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