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The opposition Labor Party proposed that if elected, it would commence the construction of a 'super fast' national broadband network (NBN). The initial proposal would see fibre to the node (FTTN) technology for 98% of Australian households with a minimum speed of 12 Mbit/s, and the remaining 2% would "have improved broadband services".
In January 2025, the company announced that over 8.6 million homes and businesses were connected to a plan over the nbn access network – compared with 6.7 million in February 2020. [12] [13] NBN Co developed a satellite internet program named Sky Muster aimed at rural areas. As of July 2023, over $620 million had been invested. [14]
Under the 2010 NBN Co corporate plan, it was estimated that the NBN construction would require A$27.5 billion in government equity and raise an estimated A$13.4 billion in debt funding without government support; a total funding requirement of A$40.9 billion up to FY2021.
In March 2007, the ALP announced a new policy, accepting the privatization of Telstra in order to fund a world class national broadband network. [72] [73] Due to Telstra's extensive use of pair-gain technology for connecting home landlines from 1994 to 2000, some homes have been excluded from ADSL and are limited to a dialup speed of 28.8 kbit ...
In response, Telstra announced that it would raise speeds on its existing Next G network and HFC "cable" network so that they both offer higher speeds than the RFP for the NBN requires. [18] Following Telstra's exclusion from the National Broadband Network bidding process Telstra's share price suffered the biggest one-day percentage fall in its ...
Foxtel on Mobile launched on Telstra's Next G Network in late 2006 and is now available within Telstra Next G (HSDPA/850 MHz) coverage areas, which covers 99% of the population. [ 29 ] With the transfer in ownership of Telstra's HFC network to NBN Co for the provision of broadband services, Foxtel announced in 2022 that it would be abandoning ...
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The Government plans to sell down its ownership of the company – NBN Co. Ltd. – 5 years after the network is built. [70] Again in April 2009, the Government released a discussion paper entitled "National Broadband Network: Regulatory Reform for 21st Century Broadband". [71] The paper is based on public comments on the NBN.
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