Australia Clears NBN Hurdle
1:40 PM -- By agreeing to release the business plan for the country's planned National Broadband Network (NBN), Australia's prime minister, Julia Gillard, has gained critical political support for the project, reports Reuters.
The NBN will be a single, national fixed-broadband access network that will be shared by a number of retail service providers, including incumbent Telstra Corp. Ltd. (ASX: TLS; NZK: TLS), which has agreed a deal to include its access infrastructure in the project. (See Australia Unveils $31B FTTP Plan, Telstra Bags $10B Broadband Deal , NBN Chooses Cisco Combo for Data Centers, and NSN Wins Major Optical Deal.)
The news is significant as Australia is set to benefit greatly from the plan, which will be watched by operators and governments around the world that want to know if the shared infrastructure model can work effectively. The same approach is being taken in Singapore, another market that will play an important role in the development of new broadband service delivery models. (See BBWF 2010: Running Singapore's NBN and Singapore Slings for AlcaLu, Huawei.)
— Ray Le Maistre, International Managing Editor, Light Reading