Australia strikes broadband deal with Telstra and Optus

by the BBC

The National Broadband Network Company is leading the new infrastructure project Australia’s two biggest telecoms companies have joined the government’s A$36bn (£24bn) plan to roll-out high-speed internet across the country. Telstra and Optus will close down their infrastructure and transfer customers to the state-owned National Broadband Network Company (NBNC). About 60% of households have broadband, but speeds are slow compared with many industrialised countries. The plan is to connect more than 90% of households to a super-fast network.

http://www.bbc.co.uk/news/business-13884441