New Zealand to Blanket the Nation in 100Mbps Connections by 2020

WASHINGTON, June 9, 2010 –The New Zealand government has joined much of the rest of the world’s governments and has decided to directly fund the expansion of broadband. The government has setup an ISP Crown Fibre Holdings, back in October 2009 which is being tasked with providing the nation 100Mbps down, 50Mbps up high speed access via fiber to the home. The government plans to spend NZ$1.5 billion ($997.34 million US) by 2020.