Internet Public Access Terminals (IPAT) plans to install 3,500 terminals around Australia over the next 12 months, with the help of its partner, OzEmail, the local Internet service provider which last week listed on the United States NASDAQ stock exchange in a $45 million share-raising operation.
IPAT Managing Director Daviel Albert says patrons will pay $4.80 for 15 minutes or $16 per hour. Australian home computer rates are about $4 an hour. "While it may seem expensive, amusement machines like Daytona easily chew up $48 an hour," he says. "People want information and they're willing to pay for it."