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fibre optic cable

The brave new world of Crown fibre: The winners, the losers, what it will cost and when you will get it

Steven Joyce and a NorthPower engineer sit astride a directional digger

Telecom shut out of local fibre companies

Retail telcos will be barred from owning more than 50% of one of the government’s proposed 25 Local Fibre Companies (LFCs), the public-private companies that would bring fibre-to-the-premises under Steve Joyce’s $1.5 billion broadband plan.

“Retail telcos cannot be a majority partner in an LFC ,” says Forsyth Barr senior analyst Guy Hallwright, “so that is going to act as a significant constraint on Telecom’s plans”.