The Federal Government has scrapped the controversial broadband tender process and will instead form a new public/private company to build a national network, Prime Minister Kevin Rudd has announced, reports ABC News.Mr Rudd said the new fibre-to-the-home network would take eight years to build, cost $43 billion, and give 90 per cent of Australian households download speeds 100 times faster than they currently experience.
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Mr Rudd said the broadband tender process was being scrapped because none of the submitted bids offered value for money to the taxpayer, but said anyone was open to invest in the new company.To read this ABC News report in full, see:
www.abc.net.au/news/stories/2009/04/07/2536726.htmAlso see:Rudd to build national broadband network with private sector
A new government-created company will build and operate the National Broadband Network, Prime Minister Kevin Rudd announced today.Mr Rudd described the announcement as “historic”, describing broadband as the core of 21st century infrastructure.
www.theaustralian.news.com.au/story/0,25197,25301680-601,00.htmlBroadband gets go ahead
The Federal Government and private sector will invest up to $43 billion over eight years in a super-fast national broadband network, in the ”single biggest infrastructure decision in Australia’s history”.In a bombshell decision this morning, the Prime Minister, Kevin Rudd, announced that none of five bidders for the national network – including Optus and Melbourne group Acacia – were up to scratch.
business.smh.com.au/business/broadband-gets-go-ahead-20090407-9v8m.html
business.theage.com.au/business/broadband-gets-go-ahead-20090407-9v8m.htmlRudd to build national broadband network with private sector
A new government-created company will build and operate the National Broadband Network, Prime Minister Kevin Rudd announced today, reports The Australian.Mr Rudd described the announcement as “historic”, describing broadband as the core of 21st century infrastructure.He said the network was the biggest infrastructure project in Australia since the building of the Sydney Harbour Bridge.To read more of this report in The Australian, see:
www.theaustralian.news.com.au/story/0,25197,25301680-601,00.htmlBroadband plan opens door for Telstra
The Federal Government has aborted its tender process for its new national broadband network – allowing Telstra to become involved if it wishes.
The Government had been expected to reveal today its private sector partners for the network, in which it has promised to invest up to $4.7 billion.
business.theage.com.au/business/broadband-plan-opens-door-for-telstra-20090407-9v9e.html
business.smh.com.au/business/broadband-plan-opens-door-for-telstra-20090407-9v9e.html
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