IT Brief NZ - Stuff takes 100% ownership of Stuff Fibre

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Stuff takes 100% ownership of Stuff Fibre

New Zealand media entity Stuff has bought 100% of the internet service provider (ISP) Stuff Fibre.

Stuff Fibre, or NZ Fibre Communications Limited, is an unlimited data, fibre-only ISP startup launched by Stuff and Giant Management Limited in 2016 with GML Shareholder Sam Morse as CEO.

Stuff CEO Sinead Boucher says the company is very pleased to be able to bring Stuff Fibre fully into the Stuff fold.

“[We] look forward to continuing to build a great internet service for New Zealanders.”

Boucher thanks the Stuff Fibre management and wider operational team for their dedication and hard work in building the business from a startup 18 months ago to a successful ISP service.

In November last year, the ISP was awarded Best Fibre Broadband Provider at the Broadband Compare awards. With its ultra-fast broadband network is currently being rolled out around the country, the ISP provides fibre connections for residential customers with a no fixed term contract.

Most recently, Stuff Fibre added to its customer offering. Stuff Pix is a pay-per-view movie streaming service available to Stuff Fibre customers who can choose one movie a month from its selection of new release blockbuster and Kiwi movies.

Morse also comments: “Having been in the industry for many years we saw the need to design a product from the ground up.”

“I’m immensely proud of what the team has achieved - an award-winning provider reaching the highest net promoter score in the industry.”

“To achieve such excellence, everything from our technology, customer experience, marketing and commercial operations delivered on our promise to provide Kiwis with a better, simpler internet and premium content experience.”

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