on 23-09-2013 10:45 AM
It gets better everyday 🙂
THE entire NBN Co board has reportedly submitted their resignations to Communications Minister Malcolm Turnbull.
The resignations have yet to be accepted by the minister, Fairfax Media reports, and a decision is to be made at a cabinet meeting in early October.
Mr Turnbull hinted in July, after NBN Co chief executive Mike Quigley quit, that he may sack board members from the organisation responsible for the national broadband network.
The coalition has blamed the board and executive team for massive cost blowouts, timetable delays and for contractors losing money.
Mr Turnbull said after the election that former Telstra boss Ziggy Switkowski would be well qualified for the role of NBN Co chairman.
The coalition's vastly different plan for the network would switch from the previous Labor government's fibre-to-the-home scheme to a cheaper fibre-to-the-node option.
on 23-09-2013 12:00 PM
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 ?
interested in how it should have been approached or if indeed started otherwise". it wouldn't. ?????? Explain please
"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."
on 23-09-2013 12:04 PM
@poddster wrote:Yep private capital wouldnt touch it. that says a lot about the viability does it not?
Quigly had to find a less aware sucker, and he found one.
it says more about the need for NBN co in the first place. telstra and others only look to short-term profits, patient investment would give us the best rather than the heath robinson arrangement in turnbulls head.
on 23-09-2013 12:08 PM
@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 ?
interested in how it should have been approached or if indeed started otherwise". it wouldn't. ?????? Explain please
"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."
Explain ? i'm certain its you john who said private captal wouldn't touch it, as it was intended to go into regions telstra considers unviable because of cost. NBN CO would. a state owned company is the only way the remote unserviced areas would be serviced.
on 23-09-2013 12:33 PM
@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 ?
interested in how it should have been approached or if indeed started otherwise". it wouldn't. ?????? Explain please
"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."
simple economics of scale
on 23-09-2013 01:03 PM
@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 ?
interested in how it should have been approached or if indeed started otherwise". it wouldn't. ?????? Explain please
"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."
precisely. back to ignoring the deadspots as before. NBNCO were giving telstra access to the end of line NBN towers too. for mobile reception. back to profit-driven only business only i guess, all of those national voters will be happy (though i doubt they'll even notice, i mean how could they ? they still elect nationals)
23-09-2013 01:06 PM - edited 23-09-2013 01:10 PM
What sort of person celebrates the destruction of an infrastructure project that is envied around the world?
What is it you are celebrating about?
That would be an immature clown who doesn't give a toss about those in areas with smaller populations than the cherry pickers would bother with. Nice.
on 23-09-2013 01:12 PM
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).
on 23-09-2013 01:12 PM
There is still a lot of deadwood to cut out LL
Just think , if Labor had have actually debated some of the issues instead of gagging debate there would be no need hack out all the expensive rot.
I have no doubt that Labor will be repaid in the same way as far as the gag is concerned.
on 23-09-2013 01:13 PM
@cherples wrote:What sort of person celebrates the destruction of an infrastructure project that is envied around the world?
What is it you are celebrating about?
a communication and internet infrastructure project is lauded here and abroad. along come some dogwhistling politicians from the past and the worlds NO 1 media mogul to pull the plug. not only would they consider us to be a joke, they'd be 100% correct.
on 23-09-2013 01:18 PM
@cherples wrote:What sort of person celebrates the destruction of an infrastructure project that is envied around the world?
What is it you are celebrating about?
That would be an immature clown who doesn't give a toss about those in areas with smaller populations than the cherry pickers would bother with. Nice.
Envied around the world???
The NBN Co. White Elephant you mean??
And as far as infrastructure is concerned , show me where it is or is it just a promise, pie in the sky.