South Australia-based ISP, Internode, has released new fibre broadband service prices for more than 20 real estate development locations to match the speed and pricing of its National Broadband Network plans

Huawei Marine has been signed by Australian submarine cable developer, ASSC-1, to build a fibre cable system under the sea between Perth and Singapore.

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.

Huawei is expected to be shortly named as preferred supplier for New Zealand's $1.2 billion Ultra Fast Broadband (UFB) network.

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.

Communications Minister, Senator Stephen Conroy, has refined arrangements for the National Broadband Network (NBN) rollout to greenfield sites but it has failed to calm the minds of greenfield fibre operators and new estate developers.

ASX-listed Legend Corporation has spent more than $8 million on acquisitions.

Construction process for NBN appears back on track after tenders were abruptly suspended in April.

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.