Telstra's (ASX:TLS) New Zealand unit TelstraClear has revealed it has successfully migrated all of its 75,000 residential customers in three NZ cities to an upgraded 100Mbps HFC network.
The company has updated its HFC (hybrid-fibre coaxial) networks in Wellington, Kapiti and Christchurch to use Docsis3 technology at a cost of NZ$10 million ($8.2 million).
TelstraClear CEO Allan Freeth said the upgrade lays the groundwork for these customers to take advantage of the government's planned ultrafast wholesale fibre network.
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