NBN Co has awarded a $170 million contract to Transfield Services to roll out fibre optic broadband in Sydney metropolitan and suburban areas.

NBN Co has confirmed a delay in the rollout of fibre optic cable by about three months in its June 2013 corporate plan.

Internet service provider (ISP), iiNet, has reached an NBN milestone, connecting over 10,000 customers across fibre, satellite, and fixed wireless services.

Telecommunications and ICT services company and subsidiary of Leighton Holdings, Visionstream, has been awarded a contract by NBN Co to roll out fibre optic broadband in Victoria, Queensland and southern NSW.

ICT solution provider, Huawei, has announced its fibre to the door (FTTD) solution, increasing broadband speeds from 100Mbit/s to 1Gbit/s.

Internet service provider (ISP), iiNet, has launched a team of mobile technical experts who can visit customers’ homes in the Brisbane metropolitan area.

The value of the IT service contract has plummeted to an eight-year low in the second quarter of 2011, signalling tough times ahead for the sector, according to an Ovum report.

Industry groups and analysts have seen the finalisation of the $11 billion deal between Telstra and NBN Co as a positive outcome for both companies and the Australian businesses.

The European Commission unveiled a long-awaited draft recommendation Friday for how to create new fiber-optic-based telecommunication networks throughout Europe, but the move was heavily criticized from both sides in the debate over next-generation networks.