Internode will only consider going public if NBN scrapped

Internode CEO, Patrick Tapper, says that the ISP would have to raise funds to expand its infrastructure.

Only if the Coalition wins the next election and scraps the National Broadband Network (NBN) would Internode consider going public, according to the internet service provider's CEO, Patrick Tapper.

Tapper said if the NBN is scrapped the company will have to raise funds to accelerate deployment of its own broadband infrastructure.

"It's difficult to predict the nature of such a change, and we'd need to make a full assessment at the time should that eventuate," he said.

"If the NBN keeps going, Internode would have no need to pursue a listing."

The ISP is currently investing in more DSLAMs — the technology that allows ADSL2 connections.

Internode plans to have a total of 208 exchanges; it currently has 188 active exchanges. Tapper said this exchange is driven by each exchange's capacity and by customer demand.

According to Tapper, the company's revenues continued to grow across both residential and the enterprise and government sectors.

"We're also innovating with new services, such as the launch of FetchTV internet protocol television [IPTV] earlier this year,” he said.

The company is also taking advantage of the Ultra Fast Broadband (UFB) rollout in New Zealand, offering its Internode Business Connect (IBC) private IP network service to companies with offices across the Tasman.

However, there are no plans to make a "major expansion" within New Zealand, Tapper said.

Follow Hamish Barwick on Twitter: @HamishBarwick

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