Crown changes equity to debt in fibre company Enable

Christchurch council says fully owning Enable will put city in a “unique and strong” position. With special feature audio.

Campbell Gibson
Mon, 04 Jul 2016

Crown Fibre Holdings has exchanged its 60% shareholding in local fibre company Enable Services for interest-free debt, giving complete ownership of the company to council-controlled Christchurch City Holdings.

Enable Networks, which was formed by Enable Services to build and operate the ultra-fast

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