Word: networks
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...Telstra's power stems from its stranglehold on the "last mile" of copper wiring to Australian homes, over which most telephone and Internet services are delivered and which rivals must pay to access. By building its own FTTH network, the government will bypass the copper and kick off a new era of competition where Telstra is an equal player on an open-access network. "This will totally change the telco industry and Telstra," says Budde. "Think if the road system was owned by one company that said 'you have to drive these cars.' Without open access to the roads there...
...Like anything on the Internet, Facebook has never been completely scam-free, but its privacy settings may create a false sense of security: most users can't interact with one another unless they are "friends" or belong to the same general network. The site at first glance would also seem less of a gold mine for swindlers since unlike financial websites, which offer access to victims' bank accounts, there is no direct financial gain from hacking into a Facebook account. But the bad guys know that many of us are lazy or forgetful and use the same password on multiple...
...billion that Australia is spending on the NBN dwarfs the $7.2 billion earmarked in the U.S. stimulus package for broadband network construction. Budde says the administration of U.S. President Barack Obama is taking an "enormous interest" in the NBN initiative because it may hold lessons for America, where U.S. phone companies enjoy competitive advantages similar to Telstra's. "The warning signs are there for AT&T and Verizon," says Budde. "Things won't change overnight, but open networks are coming to America. If the stimulus package works I'm 100% sure they're not going to stop there...
...first miles of Australia's new network will be laid in Tasmania as soon as July. The rest of the nation will follow early next year, with the emphasis on tackling black spots and bringing faster connections to rural areas. Ultimately, the network will be capable of data-transmission speeds of up to one gigabit per second, says John Lindsay, carrier relations manager at Internode, an Internet service provider that delivers broadband to Fernbrooke and across Australia. "The network will evolve over a 40-year period," he says. "Fiber is a pretty future-proof technology...
...been greeted with near unanimous praise by Australia's information-technology industry, but it is not without critics. The opposition Liberal party has slammed the high cost to taxpayers and uncertainty over how the network will be built and financed. But Telstra is a supporter. Two weeks after the NBN announcement, Telstra managing director of communications David Quilty hailed it as "bold and ambitious...