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Budget 2011 provides nearly $1 billion to advance the Government’s flagship ultra-fast broadband and rural broadband initiatives, which are key drivers of productivity and economic growth.
Capital funding of $942 million will be provided to Crown Fibre Holdings to invest alongside private sector partners in deploying fibre-to-the-premises networks that offer ultra-fast speeds, Communications and Information Technology Minister Steven Joyce says.
- Steven Joyce
- Communications and Information Technology
- Budget 2011