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The first (in red) and second (in green) release sites of the NBN rollout. Five areas comprising around 14,000 premises were chosen as the 'first mainland sites', each representing rollout challenges the NBN was expecting to face during an Australia-wide rollout, with the first services going live on 19 April 2011.
NBN Co entered into an agreement worth up to $380 million with Silcar on 1 June. The agreement covered the construction of the NBN in Queensland, New South Wales and the ACT by Silcar, a company joint-owned by Siemens and Thiess. The agreement includes the option of a two-year extension with an additional value of $740 million.
In March 2007, there were approximately 4.33 million broadband subscribers in Australia and 2.09 million narrowband subscribers. [53] Between December 2007 and June 2008 there was an increase in the number of wireless internet subscribers from 433,000 to 809,000.
Aussie Broadband started providing NBN services as of 2017, ceasing third party reseller agreements. [9] Group Managing Director Phil Britt declared that, to his knowledge, the company was the only internet service provider outside of the “big four” (Telstra, Optus, TPG Telecom, and Vocus Group) to do this. [10]
NBN Co Limited, known simply as nbn, is a state-owned corporation of the Australian Government, tasked to design, build and operate Australia's National Broadband Network (NBN) as the nation's wholesale broadband provider. NBN Co reports to two individuals: the Minister for Finance and the Minister for Communications. [3]
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In 2009, the Future Fund sold off another $2.4 billion worth of shares, reducing the government's stake in Telstra to 10.9%. [12] In August 2011, under Labor 's Gillard government , the Future Fund sold its remaining " above market weight " Telstra shares, reducing its holding to 0.8% of the shares, effectively completing Telstra's privatisation.
The two NBN satellites, Sky Muster (NBN-Co 1A) and Sky Muster II (NBN-Co 1B), were conceived in 2012 under the Gillard Labor government, as part of the original National Broadband Network scheme and NBN Co contracted Space Systems/Loral (SSL) to build and launch the two satellites as part of a total investment costing A$2 billion. [18]