CanWest buys in Queenstown

CanWest MediaWorks is set to expand its radio network with the acquisition of a Queenstown-based radio station.

Subsidiary RadioWorks has announced the conditional purchase of Queenstown's Q92FM for an undisclosed sum. The purchase, which will take effect on March 1, will include six frequencies, covering Queenstown, the Wakatipu Basin and Central Otago.

Chas and Stephanie Drader launched the station 20 years ago.