*** Welcome to piglix ***

Enable Networks

Enable Networks Limited
Enable
Industry Telecommunications
Founded 2007
Headquarters Addington, Christchurch, New Zealand
Area served
Key people
  • Steve Fuller (CEO)
  • Brett Gamble (Chairman)
Website http://www.enable.net.nz

Enable Networks Limited, trading as Enable, is a company based in Christchurch, New Zealand that installs a fibre broadband network in Christchurch and surrounding towns, and acts as a wholesaler for retail service providers (RSPs). It is fully owned by Christchurch City Holdings (CCHL), the investment arm of the Christchurch City Council.

Enable Networks was first launched in 2007 with funding from CCHL and a grant from the Ministry of Economic Development. Initially launched as Christchurch City Networks Limited (CCNL), in 2009 the company re-branded as Enable Networks and later simplified its trading name to Enable. In 2007, whether or not an area would be served by fibre broadband or not was mostly Telecom New Zealand's decision. As Telecom was trying to get as much out of its existing copper network and upgrades in Christchurch were uncertain, Christchurch City Council decided to set up its own fibre broadband company through its trading arm, Christchurch City Holdings. The initial outcome was a small 150 kilometres (93 mi) network that served 60 schools, health providers, and otherwise mostly businesses. There were plans to double the length of the network within three years, but the National Government announced the Ultra-Fast Broadband initiative in 2009. Enable Networks and Chorus Limited, a Telecom subsidiary, tendered for the work. Negotiations with the government took one year and were completed in April 2011, when Enable Networks was assigned the network rollout for Christchurch, Rangiora, Kaiapoi, Woodend, Lincoln, Prebbleton, and Rolleston. Enable partnered with the government's Crown Fibre Holdings on the project, with the city's cost projected to be NZ$203m, and the Crown's cost estimated to be NZ$170. The overall costs were later revised to NZ$440m, with the Crown's contribution lowered to NZ$140m, but their equity stake in Enable Networks was converted to an interest-free loan in June 2016. Enable Networks does not expect to make a profit prior to 2021.


...
Wikipedia

...