“Internet that is currently up to 100 times faster than NBN Co and contract free, is now being enjoyed by hundreds of Australians – and its uptake is spreading fast,” the company said in a media statement issued on Tuesday.
“This exciting Internet option is largely in new property developments, with one Sydney development (Marsden Central) committing to investing $5.3 million on the network to give Norwest residents internet speeds of up to 100 times faster than NBN Co,” the company claims.
According to FiberCorp, the work on Marsden Central — for property developer Kanebridge — is now well under way and it has been finalising environmental impact and feasibility studies to get the fibre to the nearest junction point.
FIberCorp Australia chief executive Sam Scoutas, says: “It takes visionary developers to identify that communications and technology are the new drawcard for real estate investment and the rental market. Fibrecorp-based solutions provide multiple benefits over the NBN.
“Over the fibre, we will complete voice, data, Foxtel, free-to-air, CCTV, video intercom, smart home automation, public wifi and access control. The speed is in demand: reports indicate that by 2020 the average household will require bandwidth of 172Mb/s with common devices and the introduction of SHD streaming in 4k.
“Thirty-six percent of users on the NBN are on the 12Mbps plan. FiberCorp customers use and demand faster speeds – 42% are on 50Mbps and we have abolished the 12Mbps plan all together. The slowest plan is 25Mbps, and we have received requests for our 1Gbps service at one of our projects in Mascot.”
Kanebridge chief executive Marwan Rahme said: “We are developing as much capability as possible into the network at Marsden Central, so that residents can access new technologies when they become available. Ten years ago, no one knew that streaming services would overtake pay TV.
”The Internet speeds alone will be the first for an Australian residential development. Residents in Norwest Sydney should not be disadvantaged by their geographical location.”