Business Update – June 2025
Auction of FM sound broadcasting spectrum licences.
We have announced details for the auction of 2 FM sound broadcasting spectrum licences following an expression of interest process. These are :
- Hedgehope (Southland District) 105.2 MHz, licence ID 417524, reserve price $36,581 incl. GST
- Kaikohe (Northland District) 90.8 MHz, licence ID 419007, reserve price $4,219 incl. GST.
The term of each licence is valid until 2 April 2031 provided the successful party meets the implementation criteria.
Auction 29 will be managed by Turners Group NZ Limited (Turners) with the licences sold on Turners website. The auction will start on 9 July 2025 and run for 7 days until 16 July 2025.
About Us(external link) — Turners
To participate in the auction all bidders are required to register with Turners by contacting Patrick Marsh via email or telephone.
+64 27 700 7045
Please provide the following information to Patrick Marsh:
- name of bidder
- company name you are representing (if you are bidding on behalf of yourself as a natural person entity, this should be made clear)
- the relevant register (NZ Companies Register, Incorporated Societies Register, Charitable Trust Register and so on) to ensure the entity is still active (for example not de-registered, or dissolved)
- email address
- telephone number
- RSM client number, if you already have one.
If you wish to bid, please register an online account with Turners Group NZ Limited before placing a bid on their desired lot(s).
Registration(external link) — Turners
By placing a bid, the bidder agrees to be bound by these terms and conditions.
Terms and conditions(external link) — Turners
We have detailed information about the auction available.