Dunedin has been announced as the winner of Chorus' Gigatown competition, winning the country's fastest broadband.
As the winning town, Dunedin would receive access to one gigabit per second internet, a $200,000 development fund to support entrepreneurs and innovators taking new services using the gigabit fibre to market and a $500,000 community fund to kick start community related developments.
The competition was launched in October 2013, with 50 towns from around New Zealand competing to become the country's first Gigatown.
Gisborne, Dunedin, Timaru, Nelson and Wanaka were announced as finalists in September.
Dunedin was announced as the winner by Communications Minister Amy Adams at a ceremony in Wellington tonight.