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Monday, July 05, 2004

Australia's broadband usage crosses one million mark

Okay, this is nothing compared to powerhouses like Korea or Singapore, for that matter, as these countries have a broadband penetration rate of over 70% - companies in Australia report that the country officially passed the one million mark for broadband connections. Market leader is Telstra, with 750,000 subscribers.

The growth exploded after Optus entered the market. It offered broadband over cable earlier, but entered the ASDL market only recently. Following its entry a price war broke out between Telstra and Optus, with the final beneficiary being the customer.