Crown Fibre Holdings Limited (CFH) has been established to manage the Government’s $1.5 billion investment in Ultra-Fast Broadband infrastructure. The Government’s objective is to accelerate the roll-out of Ultra-Fast Broadband (UFB) to 75 percent of New Zealanders over ten years, concentrating in the first six years on priority broadband users such as businesses, schools and health services, plus green field developments and certain tranches of residential areas (the UFB Objective). The Government’s objective will be supported by investment in partnership with the private sector, and be directed to open-access infrastructure.
- deliver on the UFB Objective as above;
- operate in a financially sustainable manner;
- begin investing without providing a commercial return to the Crown; and
- eventually provide a commercial return on the Crown’s investment, and operate as a successful business, when directed by its shareholding Ministers and the Minister for Communications and Information Technology.
CFH was formed as a Crown-owned company under the Companies Act 1993. It is listed on the fourth schedule of the Public Finance Act 1989 and is therefore subject to the Crown Entitites Act 2004 requirements to prepare a statement of intent and an annual report. Other Crown organisations include the Research and Education Advanced Network New Zealand Limited (REANNZ) and Health Benefits Ltd.
Public Private Partnerships
Crown Fibre Holdings has completed the UFB partner selection process. It has contracted with four parties to deploy Ultra-Fast Broadband to 75% of New Zealanders. Three Local Fibre Companies or LFCs have been created as a result and the fourth partnership has resulted in a newly formed company called Chorus Limited, which has separated from its former parent, Telecom New Zealand Limited. A list of CFH’s UFB partners and the candidate areas they’ve been contracted to build is shown below:
- Northpower Limited (Northpower): 1.6% of UFB total coverage comprising Whangarei, the LFC Northpower Fibre has been created;
- Waikato Networks Limited (WNL), owned by WEL Networks Limited and Waipa Networks Limited: 13.7% of UFB total coverage comprising Hamilton (including Cambridge and Te Awamutu), Tauranga, Tokoroa, New Plymouth, Hawera and Wanganui, the LFC Ultrafast Fibre has been created;
- Enable Services Limited (ESL) owned by Christchurch City Holdings Limited: 15.3% of UFB total coverage comprising Christchurch (including Rolleston) and Rangiora, the LFC Enable Networks Limited (ENL) has been created; and
- Chorus Limited, formerly the network arm of Telecom Corporation of New Zealand Limited (Telecom): 69.4% of UFB total coverage comprising 24 Candidate Areas : Auckland, Waiheke Island, Pukekohe, Waiuku, Rotorua, Taupo, Whakatane, Gisborne, Napier-Hastings, Palmerston North, Feilding, Masterton, Kapiti, Levin, Wellington, Nelson, Blenheim, Greymouth, Ashburton, Timaru, Oamaru, Dunedin, Queenstown and Invercargill (being all areas except those covered by ENL, WEL and Northpower).