Tasmanian-owned telco Launtel is offering the local business community 100 per cent NBN fibre-to-the-premise (FttP) connectivity that will enable Gigabit speeds at commercially viable rates. Launtel founder and director Damian Ivereigh hopes Gigabit Launceston can attract more companies and employment to Tasmania.
The service launched this morning. This is obviously good news if you're one of the 90,000 or so people who live in Launceston. If the experience of US city Chattanooga is anything to go by, it could lead to wage growth and young people returning to the city as more companies roll into town.
If enough people take it up, this might raise Australia's ranking in the Akamai State of the Internet report. Currently, we are 67th for fixed line internet speeds, behind countries such as Kenya and Latvia. Only 76 per cent of Australians have speeds above 4Mbps.
Iverleigh says the low contention rates on the Launtel network mean customers will be able to download data from the cloud faster than from a USB thumb drive. Of course, that's the theory and will depend on lots of other factors.