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New Zealand sets up broadband investment fund

bealtine · 2008-05-22 08:44:41

The New Zealand government has proposed in its 2008 budget a broadband investment fund to increase availability of high-speed internet services. The funds would focus on open access fibre networks for businesses in urban areas and and key users in the health and education sectors, extension of broadband into underserved…

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22-05-2008 9:44am

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bealtine

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The New Zealand government has proposed in its 2008 budget a broadband investment fund to increase availability of high-speed internet services. The funds would focus on open access fibre networks for businesses in urban areas and and key users in the health and education sectors, extension of broadband into underserved regions, and improving the resilience of New Zealand's international connections. The budget 2008 broadband package includes an additional NZD 325 million of operating funding between 2008/09 and 2012/13 and NZD 15 million of capital funding in 2008/09 to support the roll-out of high-speed broadband. The government is seeking feedback on the draft process and criteria for urban and rural funding applications. Comments can be submitted to the ministry for economic development until 30 June.

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