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Australian Broadband Network gets $23 million cash injection

Federal Government further invests in the broadband initiative

The Federal Government has committed another $23.8 million to the Australian Broadband Guarantee to deliver services while the NBN is on its way.

This move is part of a four-year initiative to connect residential and small business premises with metro-comparable services, regardless of location. The Government previously allocated $250.8 million to the Guarantee, which runs till 2012.

In a statement, broadband minister, Senator Stephen Conroy, said it was important to invest more money into the program, which gives access to broadband services while the $43 billion National Broadband Network (NBN) is in the works.

“Such strong demand for the Australian Broadband Guarantee is further evidence of a growing demand for better broadband services across the country and the need for better services in regional Australia,” he said in a statement. “The Australian Broadband Guarantee remains a very popular and successful safety-net program while the NBN is rolled out.

"The NBN will ultimately provide high-speed, high-quality services to 100 per cent of Australian homes and workplaces, but it is important that people have access to basic services in the interim.”

Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.

More about: etwork

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