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Crown Fibre seeks refined proposals

Mon, 5th Jul 2010
FYI, this story is more than a year old

Crown Fibre Holdings will soon invite respondents to the government’s Ultra-Fast Broadband (UFB) initiative to submit refined proposals.

Last week the government announced amendments to the model after it had listened to the feedback from respondents to the original proposal.

“The move to providing both Layers 1 and 2 on an open access basis will result in an improved outcome for the UFB Initiative for Government, private sector investors and customers,” said Crown Fibre Holdings Chairman Simon Allen.

“Crown Fibre Holdings will shortly be inviting respondents to refine their original proposals in light of the amended UFB settings. Refined proposals will need to be submitted by August. Following that Crown Fibre Holdings will determine a shortlist of respondents.”

Allen confirmed recommendations on preferred investment partners would be made in October with the initiative commencing before the end of the year.

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