The deal, whose negotiation was first revealed by Fairfax Media, means Telstra builds the national #broadband network in mostly regional areas across NSW and Queensland with construction taking around 12 months.
Where Labor connected homes and businesses directly with #fibre optic cabling, the Coalition prefers a cheaper option that runs fibre to streetside node cabinets in a process that saves time and delivers slower internet speeds.
Around 1000 nodes will be involved in the rollout, which will help connect about 200,000 premises to the NBN. But it is understood the project has no bearing on the major renegotiation of Telstra’s existing $11 billion deal with NBN Co.
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