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Old 04-06-09, 11:43 PM   #1
TarJak
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Default Australian National Broadband Network Announcement

Australian Government announces that they have scrapped the tender process to have a private operator build the new fibre to the home network to create a public/private entity to do the build.

Good for the economy and jobs as long as it doesn't end up in a bun fight between the govt and the private investors:

http://www.abc.net.au/news/stories/2...07/2536726.htm
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Old 04-07-09, 12:44 AM   #2
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I can see Telstra thinking this will be their in back into the game!
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Old 04-07-09, 04:11 AM   #3
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Just reading those comments on the link TJ and I'm a bit suprised at the mixed messages. I'd have thought it would have been more widely supported
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Old 04-07-09, 05:31 AM   #4
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I don't hold any hope for this......according to some reports the capital needed is $38 billion, of which the government will fund $3 to $4 billion. Under the current crisis, who will be prepared to put those amounts forward? And 8 years to complete? Wow...three federal elections away

This sounds like another Telstra in the making...and we Australians all know what fantastic service that little monopoly delivered.

Sadly, I think this is more political spin, or grabbing at good-news straws, when there isn't much other good news out there.
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Old 04-07-09, 06:20 AM   #5
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Interesting to see how it develops. I dont think it'll get very far.
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Old 04-07-09, 07:12 AM   #6
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Just saw Krudd interviewed on the telly tonight. Kerry O'Brien was giving him a hard time about the numbers but he was pretty steady under questioning.

The number is close to AU $43b over 8 years. Gov't wants 51% of the new company which it will attempt to downsell once the job is done. That means the Gov't has to put in a minimum of AU$23b over the 8 years hoping the other AU$20b gets picke up by the private sector and assuming

I think I'd prefer getting firbre to the home rather than the crap fibre to the node plan they had for the original RFP that was sent out. Faster and slightly more future proof. Question is can we afford to spend at least $23b over the next 8 years? And what happens if the privae sector decides to wait until the job is done before buying in?
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