Sydney :Macquarie Telecom has announced signing a AU$1 million three-year deal to deliver business-grade National Broadband Network (NBN) services to Regional Australia Bank, saying it will increase network speeds by up to tenfold for the bank’s branches.
Under the deal, MacTel will provide fibre connections for the bank’s 32 locations, including in Newcastle, Armidale, Dubbo, Bingara, Narromine, and Merriwa.
According to MacTel, Regional Australia Bank chose its NBN services “primarily to establish a network infrastructure that would future-proof its branches, facilitate high-speed network connectivity in small and rural towns, and improve communication between branches and customers”.
“Regional Australia Bank is investing in smarter technology and putting a backbone into regional economies throughout Australia,” MacTel group executive Luke Clifton said.
“Historically, this is the kind of deal the bank would have been priced out of because there were no other options in the market. Now we can help Regional Australia Bank and other businesses fix the disparity between what they and their customers need and what their incumbent telcos are giving.”
MacTel had announced signing a AU$100 million six-year deal with NBN back in June. Calling the offering “Business class NBN by Macquarie Telecom”, MacTel said it will include access to its data, internet, voice, and software-defined wide-area networking (SD-WAN) business products; support staff based in Australia; and “coast-to-coast access to all sites in Australia”.
Delivering these services will create 50 new jobs at Macquarie Telecom, the telco said, with the product suite utilising NBN’s business-grade products such as asymmetrical (TC4), symmetrical (TC2), and enterprise ethernet across a virtual network-to-network (v-NNI) link that allows it to access all NBN points of interconnect.
