New Zealand Broadband One Step Closer

November 18, 2009

About 30 local groups and several international telecommunication giants have expressed interest in a partnership in a Local Fibre Company with the government to facilitate the broadband roll out.

Stephen Joyce, the Communications Minister declined to name the parties that had indicated an interest in the project, stating that this was commercially sensitive. It is not clear if Telecom or Vodafone have indicated any interest.
Stephen Joyce said the level of interest expressed showed that the private sector was as excited about the investment as the government is.

“We are now getting very close to identifying the private sector partners who will build the infrastructure and get the roll-out underway.”

”From my perspective the right partners will share in the government’s vision of the transformative ability of ultra-fast broadband. They will have the credibility to step-up and deliver this critical piece of infrastructure in a cost-effective manner, and they will be patient and realistic investors.”

“In the Crown, they will find a highly motivated partner: one that is prepared to do the hard yards, to shoulder its fair share of the risks, and to see this ambitious project through,” Mr Joyce said.

The 38 groups now have until 29 January 2010 to lodge their full proposals

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