Telecom is at the moment is not worrying about its shareholders today that it is well placed to co- subsist with the government's ultra fast broadband (UFB) arrangement, be supposed to close up not being a element of it.

According to the discussion made between Chairman Wayne Boyd and the shareholders at Telecom's yearly meeting in Christchurch that he feels that the company has kept ahead a convincing UFB offer.

And he laid emphasis on it is keenness to be partner with the rows of the companies previously selected to discuss for the initial round of UFB agreements. Also the chief executive Paul Reynolds expressed that the group is engrossing itself sturdily with government and Crown Fibre Holdings.

Reynolds added that there is now a possibility for more of a conversation, and they foresee these will be prolific discussions.

Further Boyd expressed that the telecom by now has a widespread fiber infrastructure and is adding together more every day. He said that this provides them with a very concrete groundwork for whichever assistance with the government or co- subsistence.

The fiscal year to June 30 was one of huge modification for Telecom, and Boyd added that the chief executive Paul Reynolds and his squad of 8000 were near to half way via the release of the five year plan.