Australian Prime Minister Kevin Rudd made an announcement today that none of the five bidders for the national network for broadband were able to meet the needs of consumers.
Australia has been taking bids for a national fiber optic network for a while. Among the bidders were Telstra and Optus, two of the largest networks in the country. With none of the five bidders meeting the needs of the national fiber optic network, Rudd announced that the Australian government and private industry would be investing $30.6 billion USD over the next eight years in a speedy fiber optic network that will include fiber optic cable connected to homes, not just to the street corner telco boxes.
By providing the majority of the $30.6 billion investment, the Australian government will be the majority owner of the fast network when it is fully installed. Private sector investment will be limited to 49% of the network costs to ensure the government is the majority owner. Plans for the network call for download speeds of up to 100 Mbps and the network will be operated independently of the Telstra and Optus networks.
Rudd says that at the peak of construction the new network will provide 37,000 jobs, a significant boost to the economy during the global recession. When complete, the fiber-to-the-premises network will run to 90% of the homes and business in the country with the additional 10% being served by speedy wireless and satellite connections good for up to 12 Mbps. The initial investment from the government will be $4.7 billion and the government will sell its interests in the network within five years of completion.Australia's planned 100 Mbps network is fast, but in Japan the J:Com network runs at 160Mbps, making it significantly faster than what Australia has planned.
So there you go Australia will get a 100Mbps network speeds second best to Japan which uses 160mbps
source
Australia has been taking bids for a national fiber optic network for a while. Among the bidders were Telstra and Optus, two of the largest networks in the country. With none of the five bidders meeting the needs of the national fiber optic network, Rudd announced that the Australian government and private industry would be investing $30.6 billion USD over the next eight years in a speedy fiber optic network that will include fiber optic cable connected to homes, not just to the street corner telco boxes.
By providing the majority of the $30.6 billion investment, the Australian government will be the majority owner of the fast network when it is fully installed. Private sector investment will be limited to 49% of the network costs to ensure the government is the majority owner. Plans for the network call for download speeds of up to 100 Mbps and the network will be operated independently of the Telstra and Optus networks.
Rudd says that at the peak of construction the new network will provide 37,000 jobs, a significant boost to the economy during the global recession. When complete, the fiber-to-the-premises network will run to 90% of the homes and business in the country with the additional 10% being served by speedy wireless and satellite connections good for up to 12 Mbps. The initial investment from the government will be $4.7 billion and the government will sell its interests in the network within five years of completion.Australia's planned 100 Mbps network is fast, but in Japan the J:Com network runs at 160Mbps, making it significantly faster than what Australia has planned.
So there you go Australia will get a 100Mbps network speeds second best to Japan which uses 160mbps
source
