Friday, June 30, 2006

Australia: Telstra Threatens to Scrap $2.2B Broadband Network

Dan Nystedt writes on InfoWorld:

The head of Australia's largest telecommunications company has threatened to scrap an A$3 billion (US$2.2 billion) national high-speed, fixed-line broadband network.

Telstra Corp. had proposed to build a next generation fiber-to-the-node (FTTN) wireline network to cover Australia's five major cities initially, then extend it to smaller towns later. But government regulations could require the company to allow its rivals to use the network free or at low rates, something the company won't stand for.

More here.

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