Australian National Broadband Network, $43 Billion, FTTP

The Australian Federal Government has announced the results of it’s national broadband network.

Essentially they have rejected all tenders and are going to spend $43 Billion to create a new wholesale communications company over a period of 8 years, that will provide Fibre To The Premises (FTTP, also refered to as Fibre To The Home – FTTH).