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Submission + - Australia to build fibre to the premises network

candiman writes: The Australian PM, Kevin Rudd, has just announced that none of the private sector submissions to build a National Broadband Network were up to the standard so instead the Govt is going to form a private company to build a fibre to the premises network.

The network will connect to 90% of premises delivering 100Mb/s. The remaining 10% will be reached with wireless and satellite delivering up to 12Mb/s.

The network has been costed at AUD43B over the 8 years of construction — and is expected to employ 37000 people at peak. It will be wholesale only and completely open access.

As an Australian who voted for the other guys all I can say is wow.
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Australia to build fibre to the premises network

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