Northpower to acquire the remaining stake in Northpower Fibre from Crown Infrastructure Partners.

Northpower, an electricity distribution company, agreed to acquire the remaining stake in Northpower Fibre, a broadband joint venture, from Crown Infrastructure Partners, which manages Government's investment in ultra-fast broadband. Financial terms were not disclosed. "Independent testing reveals that fibre continues to outclass other technologies across every measure, significantly outperforming fixed wireless and satellite technologies on speed and reliability. Northpower Fibre is investing in exciting new innovation, and we look forward to unlocking this value for a wider set of consumers in our region in the near future.” Darren Mason, Northpower Fibre CEO.