Fibre to the premises will be available to about 75% of homes on the NBN, making a total of eight million in all, by the end of 2023, with the NBN Co to spend about $3.5 billion to upgrade connections, according to an announcement made on Wednesday.
Labor shadow communications minister Michelle Rowland says the announcement made by NBN Co on Tuesday, about spending up to $700 million on creating 240 Business Fibre Zones, including a presence in 85 regional centres, shows that the Liberal party does not have a clue about either technology or economics.
There has been 10% drop in the peak time broadband speeds of high-speed Fibre Max in New Zealand, according to the country’s competition regulator The Commerce Commission.
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