Ultra-fast broadband proposal well crafted

Media Statement
16 September 2009

Government's ultra-fast broadband investment proposal well crafted

The government's ultra fast broadband proposal released today delivers an effective competitive model for the roll out of high speed broadband, says the New Zealand Council for Infrastructure Development.

The establishment of the crown and regional fibre companies should ensure rational co-investment by the Crown and private sector providers.

The scheme allows options for national, regional or district initiatives and enables small companies to compete with large. It also provides an opportunity for local authorities and other local utility providers to consider how they can support early roll out of fibre networks within their districts.

High speed broadband connectivity is central to lifting New Zealand's competitive position in the world. The quicker we get up to global speed, the better. Neither the government nor the private sector could achieve the step change acting alone. From that perspective, leveraging the skills of the private sector in a competitive public private partnership is the most sensible way to go.

A copy of the media release by Government is available for review: http://www.beehive.govt.nz/release/ultra-fast+broadband+investment+proposal+finalised

ENDS

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