A small business on the first street in Auckland to get ultra-fast broadband estimates it has lost tens of thousands of dollars in sales after waiting five months to get hooked up to the internet service.
Albany-based GTL Networks, which distributes tele-communications products, is in the process of releasing a video conferencing service in the local market but said it can't do this until it gets high speed internet.
GTL's general manager Greg Malone said the company has already spent more than $25,000 on this product and that the firm would have lost tens of thousands of dollars in sales because of its inability to provide demonstrations of the video-conferencing working.
The business, which employs eight people, is on Paul Matthews Road - the street where infrastructure company Chorus kicked off its Auckland UFB rollout in August 2011.
In February, GTL placed an order for ultra-fast broadband with IT services firm Citcom.