Telecom New Zealand Tries Again for National Broadband Contracts

Telecom New Zealand has re-priced its bid for involvement in the national Ultra-Fast Broadband (UFB) initiative, after being largely shut out of the next round of contract negotiations, reports the New Zealand Herald.

The national telecom operator's plan to offer a nationwide rollout across all 33 regions was dismissed in favor of a region-by-region approach in September, significantly favoring other providers whose bids were deemed less expensive.

TNZ lost out to three regional bidders, led by electricity network companies in Timaru, Whangarei, and the Central North Islands, and apparently has decided to submit a lower bid in hopes of being reconsidered.

Telecom New Zealand breaks its silence on UFB bidding process