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ARTICLE · 20 MAY 2009

Capitalise On Australia´s National Broadband Network

In April 2009, the Federal Government stunned the ITC industry with its announcement that it will establish a new company that will invest up to $43 billion over eight years to build and operate a National Broadband Network.

AustraliaMedia, Telecoms, IT, Entertainment
Michael Morris (Senior Associate) and Hayden Delaney (Solicitor)

National Broadband Network – Opportunities to capitalise on the biggest infrastructure project in Australia's history.

In April 2009, the Federal Government stunned the ITC industry with its announcement that it will establish a new company that will invest up to $43 billion over eight years to build and operate a National Broadband Network (NBN). In short, the NBN will comprise the single biggest infrastructure undertaking in Australia's history.

Under the plans, the funding for the network will offer speeds initially of up to 100 megabits per second which will be provided by a National Broadband Network Corporation (NBN Company) in which the Government will be the majority shareholder. The network will be operated separately from other carriers such as Telstra and Optus.

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