Telecom is to spend more than $58 million on the rural telecommunications network.
Telecom chief executive Theresa Gattung announced the spending at the National Agricultural Fieldays at Mystery Creek yesterday.
“In the financial year starting next month, we will be spending $58 million on our rural telecommunications network – on phone lines, mobile coverage and expanding broadband,” Gattung said.
As part of the capital investment, Telecom will install 350 new DSLAM “broadband booster boxes”, mainly in rural communities, to improve the capacity of local exchanges and increase the reach of its JetStream network.
Some of this development will be assisted by the Government’s Project Probe.
Gattung says Telecom passed last year’s target for rural broadband coverage (of having broadband internet available to 80% of rural phone subscribers by the end of this year) in April and the DSLAMs would help it reach its new goal of 90% coverage via Xtra JetStream and Xtra Wireless services by June 2005.