Telecommunications company Chorus is meeting with state-owned Crown Fibre Holdings today to try to renegotiate the terms of its contract for laying much of the country's ultra-fast broadband network.
Accountancy firm Ernst and Young Australia has told the Government that Chorus may not be able to fulfil its contract on time after the Commerce Commission halved what it could charge for copper broadband. A final report into its finances will be released next week.
Chorus says part of negotiations with Crown Fibre Holdings is likely to include how the rollout could be done more cheaply and one option would be to targe only areas where the fibre network is in demand.
