Site icon Icarus Signals. The home of economic insight

NBN Co to Spend $700m on 240 ‘Business Fibre Zones’ Across Australia

NBN Co is set to spend as much as $700 million creating 240 “business fibre zones” across Australia where every business in the area can get a fibre connection at “CBD zone wholesale pricing”.

The company will also qualify an additional 700,000 businesses for no-cost fibre builds, though these businesses don’t get the cheaper pricing.

The announcement, made a day before the release of the next NBN corporate plan, means “nine in 10 businesses” – 1.4 million in total – will be able to order high-speed fibre broadband” from NBN Co, according to the government. Read more…..

Chart of the Day

Icarus TV

Foreign investors will face new restrictions if they want a stake in sensitive industries, under sweeping changes aimed at protecting Australia’s national security.

Exit mobile version