[Reuters] Australia to invest $31 billion in broadband

Posted by: UGN Security

[Reuters] Australia to invest $31 billion in broadband - 04/07/09 09:51 AM

CANBERRA (Reuters) - Australia's government will build a A$43 billion ($31 billion) high-speed broadband network, leading a new private-public company, after rejecting bids by companies that it said failed to offer value for money.