Terria came about in response to a proposal from Telstra to build a Fibre to the node (FTTN) communications network around Australia.

The consortium (which at the time comprised eight companies — iiNet was yet to join) responded that the new network would lock out all competitors and would only provide speeds that were achievable with the existing infrastructure.

They lodged a special access undertaking regarding pricing policy with the Australian Competition & Consumer Commission (ACCC) in June 2007.

[4] In May 2008, the consortium, upon its rebranding to Terria, placed the 5 million dollar bond to take part in the tender process to develop the national broadband network promised by the Rudd Government.

[7] On 15 September 2009, it was announced that Terria would reform and put out the call for new members to join the fight in ensuring the government's $43 billion national broadband network becomes a reality.