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- Release Date: 23/10/13 10:47
- Summary: GENERAL: CNU: Chorus to consult on Ultra-fast Broadband products
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CNU
23/10/2013 08:47
GENERAL
REL: 0847 HRS Chorus Limited (NS)
GENERAL: CNU: Chorus to consult on Ultra-fast Broadband products
Wednesday 23 October
Chorus to consult on Ultra-fast Broadband products
Chorus has today proposed a new range of Ultra-fast Broadband (UFB) products,
giving Retail Service Providers (RSPs) the opportunity to offer even faster
speeds and better value over fibre.
Chorus will now commence a period of consultation with the industry with the
aim of having the new products available by 1 January 2014. The new products
will be made available in addition to the current fibre products that are
specified under the Crown Fibre Holdings contract.
RSPs will then be able take these wholesale inputs and develop products and
services to sell to end users.
The proposals include fibre broadband at 100mb/s download and 20mb/s upload
at $40, as well as offering a new 200mb/s product at $55.
"We are now two years into the roll out of Ultra-fast Broadband and we will
be regularly improving our product offerings," said Victoria Crone, GM
Marketing and Sales, Chorus.
"With this move we are aiming to optimise average revenue per user and
provide more choice. We are excited to be bringing some of the fastest
broadband speeds in the world to New Zealand and we believe these enhanced
products will really drive home the benefits of investment in fibre
infrastructure.
"UFB has the potential to transform New Zealand's economy, our communities,
and the way we connect to the rest of the world. At the completion of the UFB
roll out in 2019 we believe New Zealand will be a top 10 broadband country
and continually improving the speeds and capability offered by fibre will be
an important part of achieving that goal."
Chorus is investing around $3 billion with up to $929 million of Crown
financing that will eventually be repaid to deliver fibre optic broadband
infrastructure directly to more than 800,000 schools, businesses, medical
facilities and homes.
Please see attached for the proposed new product line-up.
In addition, Chorus is also consulting on making new combined fibre and
copper products available to Retail Service Providers (RSPs).
"The industry is in an early transition phase and we need to ensure
Telecommunications Services Obligation (TSO) and contractual obligations are
met," said Vic. "There are also some early transitional issues relating to
voice, medical and other alarms, and Sky TV set-top boxes.
"So to promote early uptake of fibre and to allow time for these other issues
to be worked through, Chorus is consulting with all stakeholders on
transitional combined fibre and copper products for a proposed two year
period.
"In particular, medical alarms are services offered by charities who do not
have a lot of spare money to develop fibre-based alternatives, and we will be
working closely with them to support them in their transition to fibre.
"Fibre is the future and we are strongly committed to offering products to
our customers that make it as easy as possible for people to make the upgrade
and enjoy all the benefits of fibre-based Ultra-fast Broadband," she said.
ENDS
Ian Bonnar
Corporate Affairs Manager
Chorus
[email protected]
+64 27 2157 564
Brett Jackson
Investor Relations Manager
Chorus
[email protected]
+64 27 488 7808
End CA:00242735 For:CNU Type:GENERAL Time:2013-10-23 08:47:21
