CORPORATE STRUCTURE

Ultrafast Fibre Limited is fully owned by Waikato Networks Limited (WNL), a subsidiary of WEL Networks Limited (85 per cent shareholding) and its partner Waipa Networks Limited (15 per cent shareholding).

In September 2016, WNL purchased all of the Government’s shares in Ultrafast Fibre and became the sole shareholder. Prior to this, Ultrafast Fibre was in the joint shareholding of WNL and Government agency, Crown Fibre Holdings Limited.

Our business is governed by a Board of Directors and led by an Executive Management team.

Ultrafast Fibre works with key partners to grow and manage its UFB network. We outsource to Huawei Technologies (New Zealand) Company Limited to operate the Layer 2 fibre network and to Broadspectrum Services (New Zealand) Limited to build and maintain the physical network.

We provide wholesale fibre services to a large number of Retail Service Providers (RSPs), who in turn provide UFB products to End User customers, including households, schools, businesses, and healthcare facilities.