NBN Co has announced that it will be launching a 1 Gigabit wholesale broadband service by December 2013 to areas that can access the National Broadband Network (NBN).
NBN Co's wholesale customers - retail service providers (RSPs) - will be able to order the service and develop retail plans based on the 1 Gigabit product.
According to NBN Co, consumers will not need any additional NBN equipment in order to receive the service.
Plans for the 1 Gigabit service and two additional speed tiers were contained in NBN Co's 2010 Corporate Plan.
The speeds and wholesale access prices are outlined below:
Speed tier one
- Download speed: 250 Mbps
- Upload speed: 100 Mbps
- Wholesale access price per month: $70
Speed tier two
- Download speed: 500 Mbps
- Upload speed: 200 Mbps
- Wholesale access price: $100
Speed tier three
- Download speed: 1000 Mbps
- Upload speed: 400 Mbps
- Wholesale access price: $150
According to NBN Co's head of product & sales, John Simon, the fibre network was built with 1 Gigabit speeds in mind and is capable of supporting even higher speeds.
"In Australia, around a third of homes in the fibre footprint have signed up to the NBN in neighbourhoods where it's been up and running for 12 months," he said in a statement.
Simon added that a third of NBN fibre users already subscribe to the fastest speeds available.
"They're also downloading around 50 per cent more data than the average Australian broadband connection each month and uploading an average of 14 gigabytes per month."
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