Let me start this by saying the NBN website states for the NBN Technology Choice Program “costs can vary substantially depending on the unique circumstances of each premise.”
Very simply this program lets a user upgrade at their own expense their internet connection to a Fibre connection at your business or residential premises.
Initially, when the NBN was planned, every premises was going to be connected by Fibre. There has been lots of debate since as to whether this should have happened. The argument mainly centres around future-proofing versus the cost of the rollout.
Most small businesses in Australia will be connected by a technology called Fibre to the node (FTN). This is code for a copper cable essentially running from you premisses to a point where from there on a fibre connection takes over.
there alternatives?
In Australia, if you live in the middle of nowhere, they will offer you a satellite connection. Semi-rural a fixed wireless broadband (similar to a 4G phone solution that does not move). Most of suburbia an FTN which will probably use the old Telstra coaxial cable with a bunch of upgrades. If you are fortunate a fibre connection. This is all based on the cost of connection.
Fibre offers the ability to move lots of data quickly. The reality is with technology improving your existing FTN connection to your small business is probably going to meet your every need for some time to come.
If your small business needs faster internet, there are some things you should look at first. For many investing in a new mesh router should solve your problems. Our guide on a computer network for small offices will explain more about this.
If you do need a speed boost, then most likely you will find your existing internet provider will have a higher speed tier with your current technology. See our guide on Internet Plan and provision.
If your business is close to a new 5G mobile tower, this may also provide a cheaper alternative.
If you really want Fibre, you can get a free quote for the NBN Technology Choice Program in a couple of minutes. For my individual circumstances that came in at just under $18,000 so I think I am good for the moment.