We have that sort of setup here ~ I think they called it 'fixed wireless NBN' ... had to go that way because rural area, low user density, and telstra are *not* upgrading the copper in the ground.
It seems to work reasonably well ; we've had it on for around 8months now, and only had a few outages (all NBN manglings according to tpg) ... as far as data throughput goes, it averages better than FTTN in town...runs at an average of 1.4mbps, tower's about 8klms distant, line of sight.
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