{"id":287487,"date":"2021-08-26T01:08:35","date_gmt":"2021-08-26T01:08:35","guid":{"rendered":"https:\/\/www.innovationaus.com\/?p=21771"},"modified":"2021-08-26T01:08:35","modified_gmt":"2021-08-26T01:08:35","slug":"victoria-pours-73m-into-nbn-for-faster-speeds","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/08\/26\/victoria-pours-73m-into-nbn-for-faster-speeds\/","title":{"rendered":"Victoria pours $73m into NBN for faster speeds"},"content":{"rendered":"
The Victorian government<\/strong> has announced it will put $73 million into the company behind the National Broadband Network to take fibre deeper into selected communities, providing better internet connections and faster speeds.<\/p>\n Federal Communications Minister Paul Fletcher said the funds provided to NBN Co would be used for partnerships to upgrade business connectivity and regional connectivity for communities served by fixed-wireless and satellite services. It will also go to areas undergoing a transition from fibre-to-the-node to fibre-to-the-premises-enabled technology.<\/p>\n In return, NBN Co has made funding available through its $300 million Regional Co-Investment Fund and $700 million Business Fibre Zone program to partner with the Victorian Government. Funds will be spent only on projects that are agreed between the parties, the federal government said.<\/p>\n