Vodafone's secret plan for fibre too secret to share ... even with the minister

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

With the deadline for Crown fibre submissions come and gone, communications and IT minister Steven Joyce says Vodafone has not put forward its “private plan.”

In its public submission on Mr Joyce’s Crown fibre discussion document, Vodafone shared Telecom’s criticism of the 25 local fibre company model, saying it could fragment both technology and investment.

However, the telco did not go as far as Telecom, which put forward two alternative proposals, both centring on its Chorus division managing a single national fibre network (read Vodafone, TelstraClear, farmers take sides in fibre war).

The Dominion Post reported that Vodafone's was also privately lobbying Mr Joyce, putting forward a proposal that would see Telecom, TelstraClear and Vodafone pool their fibre network assets into a new business that would be jointly owned by the three telcos and the Crown.

That would certainly liven up discussion.

But it may never be. A week after the submission deadline, a spokeswoman for Mr Joyce's office told NBR: “Vodafone said at a meeting that they might have another approach to have a look at around some form of co-investment. The minister told them that this was the time to present any other ideas but we're yet to hear back.”

Vodafone has yet to return NBR's invitation to comment on the issue.

The Crown fibre process has now moved on to its next stage, which the minister is due to report to cabinet at the end of this month on the 105 submissions received.  Mr Joyce told NBR he would initially view summarised version of the submission heap, compiled by MED officials.

The Crown Fibre Investment Company, which will choose private investors for each of the up to 25 local fibre companies, is due to be formally established during June.


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7294 0.0000 0.00%
AUD 0.9338 0.0000 0.00%
EUR 0.6616 0.0000 0.00%
GBP 0.4711 0.0000 0.00%
HKD 5.6661 0.0000 0.00%
JPY 88.7080 0.0000 0.00%

Commods

Commodity Price Change Time
Gold Index 1204.0 -0.520 2015-05-22T00:
Oil Brent 65.9 1.310 2015-05-22T00:
Oil Nymex 59.7 -1.040 2015-05-22T00:
Silver Index 17.0 -0.081 2015-05-22T00:

Indices

Symbol Open High Last %
NZX 50 5769.3 5785.2 5769.3 0.12%
NASDAQ 5085.4 5103.8 5090.8 -0.03%
DAX 11881.5 11881.8 11864.6 -0.42%
DJI 18286.9 18286.9 18285.7 -0.29%
FTSE 7013.5 7061.7 7013.5 0.26%
HKSE 27723.7 28041.3 27523.7 1.70%
NI225 20208.8 20278.3 20202.9 0.30%