Fibre internet promised to be up to 100 times faster than the National Broadband Network (NBN) is about to become available in Adelaide's CBD.

Adelaide City Council has appointed TPG to roll out a fibre-to-the-premises network from early next year, with no installation costs for city businesses or organisations.

It said the fibre optic service would have speeds of 10 gigabits per second, compared to top NBN speeds of 100 megabits, which the NBN and providers have struggled to deliver.



Lord Mayor Martin Haese said the city would soon have a technological edge, to add to what he said were its cost-of-living and desirable lifestyle advantages.

"This technology will be a gamechanger for the city of Adelaide. It will be a boom for local businesses and other organisations, but will also attract business from interstate and across the globe," he said.

"I say to the leaders of organisations paying huge dollars for office space on the top floors of skyscrapers in cities like Sydney or Hong Kong, consider doing business in Adelaide instead."

Analysis quantifies economic benefits

The Ten Gigabit Adelaide network will provide between $16 million and $76.4 million in economic benefits, an analysis from the South Australian Centre for Economic Studies indicated.

Mark Rafferty from TPG said businesses that signed up to the high-speed service could expect many benefits.

"This will be the first network of its kind in Australia and the possibilities for innovation and investment for Adelaide will be endless," he said.

The council said city residents could expect better internet connections once business traffic started migrating to the fibre optic network.