Crown Fibre Holdings releases UFB timetable

Shortlist of eligible proposals could be a month away

Crown Fibre Holdings, the company established to lead the rollout of the government's $1.5 billion ultra-fast broadband plan, announced an indicative timetable today for its assessment of the proposals it received last month.

CFH will be contacting respondents this week to obtain additional information on proposals, it says.

“As needed, the additional information required will enable Crown Fibre Holdings to make decisions about which proposals are eligible and will therefore be taken to the next stage," says CFH chairman Simon Allen. "Assuming information is forthcoming, Crown Fibre Holdings should be able to settle on a preliminary shortlist of eligible proposals within a month."

CFH will then be carrying out analysis of shortlisted proposals and will have discussions on the preliminary shortlist during March and April.

“Crown Fibre Holdings’ current objective is to complete the next stage of the assessment process by the end of May. We then expect to decide on the final shortlist, with whom Crown Fibre Holdings will negotiate final binding offers for recommendation to Shareholding Ministers, during the third calendar quarter of this year,” said Allen.

By 29 January 2010, proposals from 18 different parties and consortia had been received.

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