EFT 0.00% 49.0¢ eftel limited

First BroadbandNext Customers Connected2 May 2008EFTel Limited...

  1. jpb
    342 Posts.
    First BroadbandNext Customers Connected
    2 May 2008

    EFTel Limited (ASX Code: EFT) announced today that it had successfully connected
    its first test customers to BroadbandNext, Australia’s newest high-speed broadband
    network.

    Last year EFTel became the first Internet provider to announce the planned rollout of
    nationwide VDSL2, the next generation in high-speed broadband delivery, on a new
    network to be known as BroadbandNext. Prior to the ratification of VDSL2 in
    Australia, the Network will support other high speed broadband technologies,
    including ADSL2+.

    The rollout is proceeding at a rate of around 15 new installations per month, with 30
    exchanges now complete from an initial target of 70.

    CEO Simon Ehrenfeld said he was pleased to see the project rapidly achieving its
    stated goals. “We anticipate successful live testing to be completed within the next
    week or so and mass migrations to commence immediately. This is an exciting time
    for the whole team, and for EFTel customers.”

    More information on BroadbandNext is available at www.broadbandnext.com
    For pre-registrations and more information about EFTel VDSL2 visit
    www.vdsl2.com.au
    Enquiries:
    Simon
 
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