Now they Tell Us!

According to Telecom NZ needs to spend one and a half billion dollars if internet broadband targets set by the government are to be met.

Apparently they can only foot a third of the bill.

A decade and a half as a monopoly with a virtual license to print money yet they never got round to doing much in the way of infrastructure investment.

I wonder why?

Maybe it slipped their mind. Or was it the fact that, with a largely captive market in their pocket, they simply didn't give a fuck.