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Federal budget measures and NBN Co network upgrades drive regional investment while Uniti Group attracts $3.4 billion bids.
Claudio Castelli · Venture InsightsPeriod: March 20224 min read
Last updated
Australian Federal Budget funding for regional telecommunications initiatives
New open-access mobile coverage targeted for regional roads
This report analyses key telecommunications events in Australia and New Zealand during March 2022, focusing on the $1.3 billion federal budget allocation for regional connectivity. It examines NBN Co's $750 million plan to upgrade its fixed wireless network to 5G, targeting speeds up to 250Mbps. Additionally, the report details the competitive bidding for Uniti Group, which saw offers reach $5 per share, reflecting high investor appetite for low-risk infrastructure assets in the post-pandemic landscape.
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