Chorus back on the road to Gigatown
Chorus’ has done a second swerve and is back on the road to Gigatown after saying the competition would be spared from any cutbacks by the company.
Chief executive Mark Ratcliffe said this week that 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. Nothing is sacred, though taking your flagship marketing campaign off-air shortly after putting it on-air would not be desirable at all”, Ratcliffe had said.
Chorus chairwoman Sue Sheldon wrote to shareholders on Wednesday to say that Chorus would probably have to “cut all discretionary activity”.
But company spokesman Ian Bonnar said this morning that the competition would definitely go ahead, assuming only that Chorus did still retain its contract to build 70 per cent of the ultrafast broadband network.
“The competition is integral to UFB, so on the assumption we are still doing UFB, we will be doing Gigatown,” Bonnar said.