Kiwis to get 20-times NBN speeds for similar price |

Australia's publicly-owned national broadband network is rapidly falling behind New Zealand's privately-owned one.

New Zealanders will soon be getting internet speeds 20 times faster than those enjoyed by most Australians for just a few dollars more a month, further widening an already-huge gap between the two countries’ broadband networks. Chorus, the ASX-listed company that operates New Zealand’s broadband network, revealed on Wednesday it would slash the wholesale price of its ultra-fast one-gigabit plan. From the middle of next year, the price of the plan will go from $NZ65 ($61) to $NZ60 ($56.30) a month. Chorus will further reduce it to $NZ56 the following year. Internet speeds of one gigabit per second (Gbps) are 20 times faster than the most popular speed available on Australia’s national broadband network of 50 megabits per second (Mbps), the plan almost half of NBN users are on.

Source: Kiwis to get 20-times NBN speeds for similar price |