Sunday, July 26, 2009

Australia Picks Mike Quigley to Head National Broadband Network Initiative

The Australian government has appointed Mike Quigley as the Executive Chairman of the company established to deliver the National Broadband Network (NBNCo).

Quigley most recently served as President and Chief Operating Officer of Alcatel-Lucent. As a long-term Alcatel executive, he was instrumental in the merger with Lucent Technologies. During the course of his career, Mr. Quigley has led the development and integration of large scale Fibre-To-The-Premise (FTTP) and Fibre-To-The-Node (FTTN) implementations for some of the largest U.S. carriers.

  • Under the Rudd Government's new national broadband network every house, school and business in Australia will get access to affordable fast broadband. The plan calls for the government to set-up a new entity that would install fiber connections to ninety percent of Australian homes and businesses over an eight year period. The network will deliver wholesale services of 100 Mbps or better. Locations outside the fiber footprint would be served by high-speed (12 Mbps) wireless connections. Private investors could take a minority stake in the project and after five years the government would sell its majority stake. The Government's investment in the company will be funded through the Building Australia Fund and the issuance of Aussie Infrastructure Bonds (AIBs), which will provide an opportunity for households and institutions to invest in the national broadband network.