Tag: National Broadband Network
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Telstra loses fight over copper network prices
Mobile service provider Telstra has lost its battle against a ruling to cut the amount it can charge its customers for access to its copper network. The Australian Competition and Consumer Commission (ACCC) ruled in 2015 that Telstra was required to reduce access prices to its fixed line network by 9.4%. The move could potentially cost the…
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Telstra launched mobile network 10 times faster than NBN
Mobile internet has now surpassed the speed of the National Broadband Network (NBN) with Telstra’s new mobile network. Telstra today launched the world’s first Gigabit LTE network, which is capable of internet speeds ten times faster than those of the NBN. At a media demonstration in Sydney, a computer connected to the Gigabit LTE network…
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NBN gets $19.5 billion from government
The National Broadband Network (NBN) has received a $19.5 billion loan from the Turnbull government to allow it to complete the rollout. The NBN was unable to raise enough funds on the open market to complete the infrastructure project. Finance Minister Mathias Cormann and Communications Minister Mitch Fifield released a statement acknowledging the loan and expanding…