A3: "NBN Co will not have a retail business and must sell wholesale access to every retailer under the same terms, at the same pricing, overseen by the ACCC."
True A3, however the retail businesses require network/backbone to operate, and the NBN fought tooth and nail to close down any competition, even to the point of a asking that Telstra be prevented from advertising mobile Internet. However the ACCC kicked that out, but the government legislated to make the NBN a protected MONOPOLY.
A3 you write: " While the NBN will be a near-monopoly of fixed line infrastructure," please explain the "near", as a government protected network with a no competition (forgetting the 1km 2010 clause) law , is in my understanding a monopoly.
Did I mention the requirement to close down HFC Internet traffic, and copper communications, to protect this horizontal monopoly?
@monman12 wrote:A3: "NBN Co will not have a retail business and must sell wholesale access to every retailer under the same terms, at the same pricing, overseen by the ACCC."
True A3, however the retail businesses require network/backbone to operate, and the NBN fought tooth and nail to close down any competition, even to the point of a asking that Telstra be prevented from advertising mobile Internet. However the ACCC kicked that out, but the government legislated to make the NBN a protected MONOPOLY.
A3 you write: " While the NBN will be a near-monopoly of fixed line infrastructure," please explain the "near", as a government protected network with a no competition (forgetting the 1km 2010 clause) law , is in my understanding a monopoly.
Did I mention the requirement to close down HFC Internet traffic, and copper communications, to protect this horizontal monopoly?
NBN Co don't own the backhaul. It's one of the areas of competition and will determine who offers cheap value plans and who offers quality high performance plans. NBN Co own the fibre backbones in areas that had none or inadequate previously. NBN Co did not fight tooth and nail to close down other fibre links. What they fought was Telstra advertising the mobile network as competition to the NBN network, which is fair enough considering Telstra are cashing in significantly from their deals with NBN Co.
@monman12 wrote:LL: "private capital wouldn't touch it eh . how would such a thing be funded or started without a body set up for the purpose ?
"David Teoh’s TPG Telecom last week announced that it will connect fibre to capital city apartment buildings. The company already has 3,800 kilometres of fibre connecting businesses to the internet; now it’s planning to move into high-density residential, which is the most profitable."
It's obvious. Cherry pick the profitable areas that NBN Co relies on to offer the same price wholesale product across the country. Without the profitable areas NBN can't profit enough to support the rest of the population.
@monman12 wrote:Yes LL private industry was not prepared to cover 98% of the population, because of the expected return on the capital expenditure. However , in 2008 Telstra said it would commit $5 billion of its own cash to building a network which would cover 90% of the population, obviously urban centres.
I repeat, I would not touch NBN shares in a fit if it went "public", which is ironic considering it currently could be described as an erratic NBN snail munching away at the public lettuce.
I notice that a couple of those I debate this topic with, have still not indicated what Internet speeds they need, as opposed to what they want.
Perhaps TPG will be allowed to service city apartments from its current fibre backbone free from the monopoly legislation of the current NBN (outside of the 1km 2010 rule).
If you're talking about me not answering to how much I need. I have answered before. I have said my needs fluctuate on a daily basis. I need to be able to access a reliable service with enough bandwidth for the peak demand and increasing demands. At the moment I make do with 25/5 services because I can make do with that. I can see that need increasing within the next 12 months.
