News
10 Feb 2020

Local Jobs Fund to build the Terabit Territory

The Northern Territory (NT) Government will partner with the private sector to upgrade the NT’s existing fibre-optic cable network from 400 gigabits to 20 terabits - a once-in-a-generation infrastructure upgrade that will bring new investment, new industries and new jobs to the Territory.

At his annual Year Ahead address today, the Chief Minister announced the government’s Local Jobs Fund will invest $7.9 million in a joint project with leading Australian telecommunications company Vocus, who will invest $10 million to upgrade fibre-optic cables across the Territory.

Read the full media release on Local Jobs Fund to build the terabit Territory.