Broadband Infrastructure Investment Invitation

October 26, 2009

The New Zealand Government has formally announced its invitation for private investors to co-invest and match the governments $1.5 billion investment in the planned broadband infrastructure roll out, with a partnership in a Local Fibre Company. Expressions of interest are to be lodged by the 13th of November with a final formal proposal by the 29th of January 2010.  Undoubtedly running well behind the governments own original schedule and while there is much debate around the final estimated  project cost, which some estimate to be as high as $6 billion, the New Zealand trenchless industry remains poised to boom on the back of a large amount of underground fibre work.

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