75% of New Zealanders to get 100Mbps fiber by 2020

"Taking a page from the Australian broadband playbook, New Zealand has decided not to sit around while incumbent DSL operators milk the withered dugs of their cash cow until it keels over from old age. Instead, the Kiwis have established a government-owned corporation to invest NZ$1.5 billion for open-access fiber to the home. By 2020, 75 percent of residents should have, at a bare minimum, 100Mbps down/50 Mbps up with a choice of providers."
 
Read the full article at Ars Technica.