Ultrafast Fibre was established in 2010 after WEL Networks won a Government tender to partner with Crown Fibre Holdings to deploy UFB services. In 2016 WEL became the majority shareholder of UFF when, together with strategic partner Waipa Networks, it bought out the Government’s shares. WEL Networks has an 85% shareholding and Waipa Networks has a 15% shareholding.
Ultrafast Fibre owns and operates the fibre network in the urban areas of Hamilton, Tauranga, Whanganui, New Plymouth, Tokoroa, Hawera, Cambridge and Te Awamutu, providing access to UFB for more than 190,000 premises across the North Island.
Under UFB2, the company will also build the fibre network in the central North Island towns of Ngāruawāhia, Huntly, Kihikihi, Raglan, Eltham, Inglewood, Stratford, Waitara, Putaruru, Te Puke, Omokoroa and Katikati.
Learn more about Ultrafast Fibre.