Australia's National Broadband Network receives extra €1.4 bn to build out full fibre
Australia’s state-owned nbn Co was established in 2009. As of June 2023, the cumulative number of premises that had active nbn connections in Australia was 8.56 m. With a new investment, the Australian government plans improve the nbn. According to the government, 660,000 rural premises and around 10 million homes and businesses will have access to top download speeds of around 1 Gbit/s by late 2025.
The nbn aims to extend high-speed broadband access to 100% of the Australian population, ensuring that every household and business could benefit from the digital economy. This is particularly significant for remote and rural areas, previously underserved by existing infrastructure.