Monday, May 23, 2011

Telecom selected for 70% of UFB share

The government have selected Telecom to provide fibre to approximately 70% of the UFB coverage area including Auckland, the lower North Island, and most of the South Island. This equates to 24 of the candidate areas that the soon to be de-merged Chorus, Telecom's access network arm, will provide fibre to.

Enable Networks, a subsidiary of Christchurch City Holdings, won the bid for the Christchurch and Rangiora region. Chorus however intends to enter negotiations with Enable to take up to a 50% stake in that area.

In addition, Telecom has signaled that it is willing to talk to the other Crown fibre winners about working together.

See the Telecom media release here, and the Crown Fibre Holdings press release here.

Read More (NZ Herald)
Read More (The National Business Review)
Read More (Stuff)

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