Christchurch City Council-owned company in charge of rolling out ultrafast broadband in the city has announced a 20 percent increase in the cost of the project.
Enable Services estimates it will cost another $64 million to deliver fibre to homes, schools and businesses by 2021 as part of its partnership with Crown Fibre Holdings.
The blowout takes the total cost of the project in Christchurch to $410 million.
The figures appear in the 2013 annual report of Christchurch City Holdings.
A statement from the company blames rising labour costs as a result of tight supply, brought on by the city's rebuild.