NZ govt lifts target speeds for rural broadband in drive to lift ICT investment

By Paul McBeth
Oct. 6 (BusinessDesk) - The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth.
Communications Minister Amy Adams today lifted the targeted peak speed for broadband connectivity to at least 50 megabits per second for 99 percent of New Zealanders by 2025, up from a previous goal of at least 5 Mbps for almost 98 perc...
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