Business Services Industry
Australian broadband on the increase
Internet Business News, Sept 6, 2002
INTERNET BUSINESS NEWS-(C)1995-2002 M2 COMMUNICATIONS LTD
Market intelligence company Nielsen//NetRatings has reported that broadband adoption in Australia has increased.
Specifically, 8.6% or 0.5m home Internet users in Australia has some form of high speed broadband connection. This penetration rate is reportedly due to an extra 150,000 Internet users signing up during the months of May, June and July in 2002.
A spokesperson for the company has stated that if the current growth rate is maintained then Australia could have 50% broadband penetration within five years.
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