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"Kevin Rudd has announced that the NBN tender process has been terminated, and that the government will go it alone on a new $43 billion broadband network.
The new wholesale-only network will connect 90% of homes with fibre to the home and will offer 100Mbit/s, with "next-generation" wireless and "third-generation" satellites to cover the remaining population. The network will be "open access" so retail ISPs can build their own products to sell to businesses and consumers.
"We believe that fast broadband is absolutely essential for our nation's future", he said at a press conference outside Parliament House today.
"The Government has announced it will establish a new company that will invest up to $43 billion over eight years to build and operate a National Broadband Network delivering superfast broadband to Australian homes and workplaces", said an announcement on the DBCDE website.
Calling it, the "single largest infrastructure decision in Australia's history", Rudd said the project would employ up to 37,000 people a year and help stimulate the Australian economy. Private industry would contribute up to 49% of the funds, and the government would sell the company after operating it for 5 years, he said.
The tender process was cancelled as "none of the national proposals offered value for money". "The Panel noted the rapid deterioration of the global economy had a significant impact on the process", it said.
Senator Conroy said that the Tasmanian Government's proposal had merit and that "fast-track" negotiations will occur to get a Tasmanian roll-out started as early as July.
The rest of the country will have to wait for an "implementation study to determine the operating arrangements, detailed network design, ways to attract private sector investment – for roll-out early 2010".
A consultative process will occur to determine a more effective telecommunications regulatory framework which will also cover the new broadband network."
Nerd-Gasm
"Kevin Rudd has announced that the NBN tender process has been terminated, and that the government will go it alone on a new $43 billion broadband network.
The new wholesale-only network will connect 90% of homes with fibre to the home and will offer 100Mbit/s, with "next-generation" wireless and "third-generation" satellites to cover the remaining population. The network will be "open access" so retail ISPs can build their own products to sell to businesses and consumers.
"We believe that fast broadband is absolutely essential for our nation's future", he said at a press conference outside Parliament House today.
"The Government has announced it will establish a new company that will invest up to $43 billion over eight years to build and operate a National Broadband Network delivering superfast broadband to Australian homes and workplaces", said an announcement on the DBCDE website.
Calling it, the "single largest infrastructure decision in Australia's history", Rudd said the project would employ up to 37,000 people a year and help stimulate the Australian economy. Private industry would contribute up to 49% of the funds, and the government would sell the company after operating it for 5 years, he said.
The tender process was cancelled as "none of the national proposals offered value for money". "The Panel noted the rapid deterioration of the global economy had a significant impact on the process", it said.
Senator Conroy said that the Tasmanian Government's proposal had merit and that "fast-track" negotiations will occur to get a Tasmanian roll-out started as early as July.
The rest of the country will have to wait for an "implementation study to determine the operating arrangements, detailed network design, ways to attract private sector investment – for roll-out early 2010".
A consultative process will occur to determine a more effective telecommunications regulatory framework which will also cover the new broadband network."
Nerd-Gasm
