In Brief: Aussies outline rural broadband campaign

Jun 09, 2006

Australia's long-awaited plan to expand rural broadband will involve two or three large-scale projects with an AUD3.1 billion ($2.3 billion) price tag.

Communications Minister Helen Coonan said Thursday that the decision on who would get the funding would be made around the end of the year, and that industry consortiums and joint ventures would be welcome.

Initial expenditures will include about $800 million in capital grants for various projects covered by the $1.1 billion regional broadband fund, The Australian reported.

The program comes as the government is preparing to sell its stake in national telco Telstra. Coonan denied that involving Telstra's rival in the lucrative rural expansion plan would dilute Telstra's value.

Copyright 2006 by United Press International

Explore further: For top broadband policy, look no further than Canada

add to favorites email to friend print save as pdf

Related Stories

What consumers can expect from AT&T, DirecTV deal

May 19, 2014

Ready to bundle your mobile phone and TV bills together? That is one of the changes customers can expect if AT&T Inc.'s proposed $48.5 billion acquisition of DirecTV is approved by regulators. ...

Obama hooks up new school broadband plan

Feb 04, 2014

President Barack Obama on Tuesday unveiled a new government partnership with the private sector worth nearly three billion dollars to hook up an extra 20 million school kids to high speed Internet.

Recommended for you

HP sales inch up while profit drops

7 hours ago

Hewlett-Packard on Wednesday reported that its quarterly revenue was nudged up by improved computer sales, but its profit dropped as the veteran technology firm tried to renew its momentum.

Giant tablets aimed at families

8 hours ago

Costing a little more than an iPad but standing more than twice as tall, a new pair of giant tablets wants families to share cozier group experiences with technology.

Restaurants experimenting with pay-in-advance tickets

10 hours ago

With restaurant patrons increasingly jumping on the Internet to make reservations, some high-end eateries here and across the country are adding a new tech wrinkle: having their clientele pay for their meal in advance using ...

User comments : 0