NBN

11 February 2021

NBN Co Limited (NBN Co) has announced the second tranche of its $4.5 billion network investment plan, with residents and businesses in Cranbourne set to be among the next 100,000 premises to benefit from access to ultrafast internet speeds.

Minister for Communications, Urban Infrastructure, Cities and the Arts, the Hon Paul Fletcher MP, said that work on the initial 100,000 premises included in the first tranche is well underway and that NBN Co is now looking towards the next 100,000 premises.

“To deploy these network upgrades, NBN Co will work with its construction and delivery partners to design and construct local fibre networks in Cranbourne passing at the street level in areas connected to the National Broadband Network’s Fibre to the Node (FTTN) technology,” Minister Fletcher said.

“This next stage represents another five per cent of the FTTN upgrade program, and NBN Co will continue working to pass a total of 2 million premises by 2023.”

Senator for Victoria, David Van, said that as well as the benefits that faster internet can provide, this investment by NBN Co will provide a much needed boost to economic activity and employment in Cranbourne.

“The commencement of these works by NBN Co will create jobs for the Cranbourne community and support local businesses by allowing them to take advantage of the benefits that ultrafast broadband can provide,” Senator Van said.

“Households and businesses in Cranbourne will be able to access NBN Co’s fastest internet plans of up to 1 gigabit per second, with the fibre lead-ins connecting premises to the new local fibre network built once a customer orders an eligible service.”

A number of factors were considered in selecting areas in this second stage of investment, including the predicted take-up of higher speed services, while also maintaining a proportionate state and regional mix of locations.

For more information on the NBN, go to www.nbnco.com.au