AAPL Stock: 118.03 ( -0.85 )

Printed from

Australia bill splits Telstra, helps new fiber network

updated 04:25 pm EST, Fri November 26, 2010

Historic bill passes Australian Senate

The Australian Government's controversial high-speed National Broadband Network (NBN)is one step closer to reality after key legislation underpinning it passed through Senate lawmakers. The legislation is designed to deliver a 100Mbps fiber-to-the-home network that will provide the backbone of Australia's communications infrastructure at a cost of $35.7 billion AUD ($35 billion US). Central to the legislation is the splitting of Telstra's wholesale and retail arms helping to break its monopoly on Australia's communication network.

The legislation must now go to the lower house, where it is expected to be passed next week by Prime Minister Julia Gillard's minority center-left Labor government. The Labor government's Communications Minister Stephen Conroy described the NBN as the holy grail of micro-economic reform.

The plan will see the state-owned network lay around 3,700 miles of fiber optic cable across regional Australia and which will deliver broadband internet access to across the country and to an additional 400,000 Australians. It will create additional retail competition in the broadband space in over 100 cities and towns.

FCC chairman Julius Genachowski has promoted a plan dubbed 100 Squared, which aims to deliver a similar fiber network in the US. [via WSJ]

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented