No extra funding for Chorus in UFB deal with Crown Fibre

Mon, 10 Mar 2014

By Paul McBeth March 11 (BusinessDesk) - Chorus won’t get any additional government funding from Crown Fibre Holdings as part of a deal to help the telecommunications network operator manage cash flow and provide more certainty for the ultrafast broadband roll-out. The Wellington-based company has been given greater flexibility in building the network provided it meets the agreed deadline to complete the national fibre network, and Crown Fibre Holdings will more closely align its existing funding with completed work provided it meets certai...

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