And so another of John Key’s “big ideas” is shown to have been costed by monkeys. Treasury study suggests fibre plan will fall short:
A study commissioned by the Treasury has warned it would cost between $5.3 billion and $10.4b to connect three-quarters of New Zealand homes with fibre-optic cable using the Government’s preferred active Ethernet technology.
Former Telecom chief technology officer Murray Milner, who carried out the study, says the $1.5 billion the Government has allocated to its ultrafast broadband plan would not be sufficient to connect that number of homes. That is even if matching investment from the private sector was forthcoming and cheaper, “passive” fibre technology was used.
No doubt Bill English will soon be along to quietly kill the initiative.