Gigatown spared the executioner's axe
Chorus is back on the road with its Gigatown competition saying it will be spared from cutbacks.
Earlier this week chief executive Mark Ratcliffe said there were "no sacred cows" and the competition to bring gigabit-broadband to one town or city could be scrapped, despite any personal attachments.
"We have got a massive funding shortfall and you have to look at absolutely everything," he said.
"Nothing is sacred, though taking your flagship marketing campaign off-air shortly after putting it on-air would not be desirable at all."
On Wednesday Chorus chairwoman Sue Sheldon wrote to shareholders saying Chorus would probably have to "cut all discretionary activity".
But this morning company spokesman Ian Bonnar said the Gigatown competition would definitely go ahead, assuming only that Chorus kept its contract to build 70 per cent of the ultrafast broadband (UFB) network.
"The competition is integral to UFB, so on the assumption we are still doing UFB, we will be doing Gigatown," Bonnar said.
- © Fairfax NZ News
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