AU National Broadband Network Signs $11 Billion Deal With Telstra 120
An anonymous reader writes "The Australian government has signed an $11 billion deal with the country's largest telco, Telstra, to acquire the telco's physical infrastructure and migrate customers to the National Broadband Network. The NBN is a 100Mbps open access fiber network that will be rolled out to 94% of the Australian population, with wireless and satellite to cover the remainder. The deal marks a large step forward for the new network, as without a deal to bring Telstra's customers onboard, the NBN's viability was in question."
Correction to the article (Score:2, Informative)
"The NBN is a 100Mbps open access fiber network that will be rolled out to 94% of the Australian population"
Currently, the plan is only 90% coverage with fibre, although the recent report by KPMS suggested they increase that to 92%. I believe the 94% is the current (claimed) Telstra ADSL coverage.
Re:Yeah... (Score:5, Informative)