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Northpower buys remaining shares in broadband joint venture
5 Apr, 2021 05:00 PM
3 minutes to read
Northpower has completed purchasing Crown Infrastructure Partners last shares in the subsidiary Northpower Fibre Limited following the rollout of UFB. Photo / John Stone
Northpower has completed purchasing Crown Infrastructure Partners last shares in the subsidiary Northpower Fibre Limited following the rollout of UFB. Photo / John Stone
Northern Advocate
Northpower has bought the remaining shares of an entity tasked with delivering ultra-fast broadband across Whangārei and Kaipara.
The lines company has bought the remaining shares belonging to Crown Infrastructure Partners (CIP) in the subsidiary Northpower Fibre Limited a venture formed to deliver the Government s Ultra Fast Broadband (UFB) initiative to 33,000 homes and businesses across the two districts.
Northpower buys remaining shares in broadband joint venture nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Press Release – Northpower Northpower Limited have today announced the purchase of the remaining shares belonging to Crown Infrastructure Partners (CIP) in the subsidiary, Northpower Fibre Limited (NFL). The NFL venture was formed to deliver the Governments Ultra Fast Broadband …
Northpower Limited have today announced the purchase of the remaining shares belonging to Crown Infrastructure Partners (CIP) in the subsidiary, Northpower Fibre Limited (NFL). The NFL venture was formed to deliver the Government’s Ultra Fast Broadband (UFB) initiative to 33,000 homes and businesses across the Whangarei and Kaipara region.
The partnership with Crown Infrastructure Partners, the NZ Government’s infrastructure funding entity, commenced in 2010 and delivered high-speed fibre optic connectivity to residents within the Whangārei catchment area by 2014. A second agreement in 2017 expanded connectivity to towns including Ruakaka, One Tree Point, Waipu, Dargaville, Mangawhai, Maungaturo
Northpower Acquires Final Crown Infrastructure Partners Share In UFB Project scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.