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Government’s broadband costings not up to speed
3-July-08
Written by Mark Beyer

Australia is among the world leaders in broadband penetration and regular claims to the contrary are bad for business, iiNet managing director Michael Malone told a WA Business News Success & Leadership breakfast last week.

Mr Malone also questioned the federal government's planned broadband initiative, which is designed to extend high-speed (12 megabits or higher) broadband connections to 98 per cent of Australians at a cost of $9.5 billion.

He believes this is not possible, and cited industry estimates suggesting the cost could be as high as $25 billion.

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