The Australian Telecoms market has lagged globally which has meant the technological adoptions of new technology has been challenging for global vendors. With industry consolidation and the NBN roll out the changes to the industry are happening more rapidly than ever before. The question is – how will these be adopted – who are the winners and losers?
It has been shown that high-speed broadband Internet access enhances GDP growth. But Australia’s broadband speed lags well behind other advanced and even emerging economies. In April 2009, at the time the National Broadband Network (NBN) was announced, Australia’s average broadband download speed was ranked 39th in the world. And while the rollout of the NBN is now being ramped up, Australia recently slipped to 59th place.