Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


UFB changes a mixed bag for uses, good for Chorus

UFB changes a mixed bag for uses, good for Chorus

Today’s changes to the Ultra-fast Broadband Initiative announced by Chorus are a mixed bag for broadband users while being generally positive for Chorus, says InternetNZ (Internet New Zealand Inc).

“We are pleased that Chorus and Crown Fibre Holdings have been able to agree some changes that look acceptable on first glance,” says InternetNZ CEO Jordan Carter.

“The mix of changes announced should help Chorus through the peak period of capital expenditure pressure the company faces in 2015/16, as they defer some investment costs into the future and should save some costs in the short and medium term.

“More flexible use of the CFH financial contribution is a welcome concession that won’t cost taxpayers more, but will help Chorus. More flexibility in the deployment schedule has the same effect, though it may mean some prospective users get fibre later than they would have done otherwise.

“For broadband users this is a mixed bag.

“Some people in multi-unit dwellings should get access to UFB faster – but if that means using existing high-speed Cat5e/Cat6 copper infrastructure instead of rolling out fibre, they may miss out in the long term on all the speed and reliability fibre offers.

“Extending the funding available to make sure that non-standard installs remain free to broadband users is a positive step which we welcome,” Jordan Carter says.

“As always the devil is in the detail. The exact way these changes are implemented will be critical in seeing whether they improve the situation for users or otherwise.

“We now await news of any further changes being discussed between CFH and Chorus, to see where these lead. We also urge Chorus in the other decisions it is contemplating to address its financial situation to make sure that existing broadband users on copper infrastructure don’t have their services cut or reduced in quality,” says Jordan Carter.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news