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NZ Gov't completes funding for FTTH network

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http://www.itwire.com – Crown Fibre Holdings, the New Zealand Government company set up to joint venture with the private sector to roll out FTTH networks has received $NZ942m in the 2011 budget, completed the planned allocation of $NZ1.4b in Government funds. (IT news)

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Submitted by taskli on 05/19/2011

Stories similar to NZ Gov't completes funding for FTTH network

Crown Fibre Holdings (CFH) - the New Zealand Government company set up to manage and invest in the country's FTTH network - has named three more bidders, including Telecom NZ, for 'priority negotiations' for the Ultra-Fast Broadband (UFB) initiative.

Thirteen telecommunications service providers have indicated their interest in selling services on New Zealand's Ultra Fast Broadband Network, the equivalent of NBN Co's FTTH network in Australia.Crown Fibre Holdings, the Government company set up to manage rollout of the UFB has released the name of companies that have signed letters of intent to retail UFB services.

New Zealand's Internet industry association, InternetNZ, has warned that the New Zealand Government's plan to quarantine its planned FTTH network from independent regulatory oversight could put the country in breach of its international trade obligations.

Telecom New Zealand says it has submitted its final proposal in it bid to win the lion's share of the New Zealand Government's planned FTTH network, warning that it will compete if its proposal is not accepted.

The New Zealand Government has bowed to industry pressure and scrapped the controversial plan to give operators of its FTTH networks a 10 year holiday from regulatory oversight, despite a government committee recommending in favour of the plan.

NBN Co has reached agreement with Siemens Theiss joint venture Silcar to roll out its FTTH network over the next two years in Queensland, NSW and the ACT in a deal worth $380m.

The New Zealand Government is to press ahead with plans to give operators of its planned fibre to the home networks a 10 year holiday from price regulation, despite opposition from a broad swathe of the industry and from almost every other political party.

Written by: Stuart Corner | Published in: StrategyA report on the development of FTTH networks in the US from research firm RVA suggests that the Labor Government is on the right track with its ambitious plan to serve 93 percent of premises by fibre. However Ovum has backed AT&T's decision to focus on FTTN.

In a deal that will precipitate its structural separation Telecom New Zealand has won the lion's share of Government contracts for the rollout of the Ultrafast Broadband Network that will deliver fibre to 75 percent of New Zealand homes by 2019.