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).
About our UFB Partners:
Northpower is a New Zealand-owned company with a reputation for excellence in multi-utility design, construction and maintenance services. The company has a significant electrical contracting business and delivers fibre reticulation services as well as owning a FTTP network in the Whangarei region. The group has nearly 1000 staff, a turnover of just over $200 million and a total asset value in excess of $300 million.
Northpower and Crown Fibre Holdings have together formed the local fibre company, Northpower Fibre Limited.
Waikato Networks Limited owned by WEL Networks
Waikato Networks Limited is a special purpose vehicle which was created by WEL Networks and Waipa Networks to partner with the Crown to create a Local Fibre Company. WEL is the fifth largest electricity distribution company (by number of connections) in New Zealand. Its core business is the provision of electricity distribution services to the Waikato. The business has nearly 200 staff, a turnover of $96 million and a total asset value of $426 million. WEL Networks has one shareholder, the WEL Energy Trust, a community trust that represents the interests of the local community. Waikato Networks and Crown Fibre Holdings have together formed the local fibre company Ultrafast Fibre Limited.
Christchurch City Holdings Limited
Christchurch City Holdings Limited (CCHL), is the wholly owned investment arm of Christchurch City Council, holding shares in eight trading companies and monitoring two further Council-owned companies and their subsidiaries. It is the parent company of Enable Services Limited, which operates Christchurch’s newest optical fibre network providing dark fibre and metro Ethernet solutions around the city. Enable uses world leading technology laid under the streets of Christchurch to deliver the first ‘open access’ fibre optic network infrastructure in Christchurch. The network connects directly to businesses, community organisations and technology service providers. CCHL and Crown Fibre Holdings have together formed the local fibre company Enable Networks Limited.
Chorus (formerly part of Telecom Corporation of NZ)
As part of the UFB initiative, CFH is investing in Chorus Limited in the form of both debt and equity. Chorus is New Zealand’s largest telecommunications utility company. It maintains and builds a network predominately made up of local telephone exchanges, cabinets and some 1.8 million copper and fibre optic lines connecting homes and businesses throughout the country. Its open network and innovative new wholesale products and services are used by many different phone and internet service providers, helping them to deliver the services their customers rely on. Chorus is included in the NZX 10 Index comprising New Zealand’s 10 largest domestic companies.