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Under the 2010 NBN Co corporate plan, it was estimated that the NBN construction would require A$27.5 billion in government equity and raise an estimated A$13.4 billion in debt funding without government support; a total funding requirement of A$40.9 billion up to FY2021.
The national broadband network aimed to provide up to 1000 Mbit/s speeds and to connect to 93% of Australian households and businesses. [45] This has since been revised under a Coalition government to a mixed-technology system relying largely on Australia's existing and largely depreciated copper networks.
Instead of separating wholesale and retail operations, Telstra agreed to 'disconnect' [73] its Internet customers from the copper and hybrid fibre-coaxial networks in areas where FTTP has been installed, and agreed to lease dark fibre, exchange space and ducts to NBN Co. as part of the agreement, Telstra would not be able to market their mobile ...
In March 2007, the ALP announced a new policy, accepting the privatization of Telstra in order to fund a world class national broadband network. [73] [74] Due to Telstra's extensive use of pair-gain technology for connecting home landlines from 1994 to 2000, some homes have been excluded from ADSL and are limited to a dialup speed of 28.8 kbit ...
In July 2012, Telstra Digital launched smartphone and Facebook apps for customers to manage their Telstra accounts [50] and in November 2012, Telstra claimed that over 700,000 customers had downloaded those apps. [51] [non-primary source needed] In August 2013, Telstra revealed that the apps reached 2.5 million downloads. [52]
Internode Pty Ltd was an Australian Internet service provider (ISP) that provided NBN broadband services, business-class broadband access, web hosting, co-location, Voice over IP, and a variety of related services.
The Government plans to sell down its ownership of the company – NBN Co. Ltd. – 5 years after the network is built. [70] Again in April 2009, the Government released a discussion paper entitled "National Broadband Network: Regulatory Reform for 21st Century Broadband". [71] The paper is based on public comments on the NBN.
NBN Co was established on 9 April 2009 under the name of its company number, "ACN 136 533 741 Limited". [4] After the establishment, the Australian Government started referring to the company as "National Broadband Network Company", [5] which became the de facto company name. It was officially named "NBN Co Limited" on 6 October 2009.