NBN to miss 2014 target for rollout

[nero_bolt]

More Labor FAILURES

It is frightening to think how many billions of dollars we are set to lose from Rudd’s thought-bubble:

Labor’s centrepiece infrastructure project, the national broadband network, will miss its June 2014 rollout ­target by more than a quarter of a ..., as construction delays and problems with subcontractors ­continue.

Leaked internal forecasts seen by The Australian Financial Review indicate NBN Co now expects to have 855,935 existing homes and businesses ready to connect to the fibre network by June 2014. This is 273,065 fewer than the company forecast it would reach in the latest corporate plan, released in August last year.

NBN Co revealed last month it had reached 163,500 homes and businesses with fibre at the end of June 2013. This was 57 per cent fewer than it had forecast in its corporate plan.

http://www.afr.com/p/technology/nbn_to_miss_target_for_rollout_XInJGPQsAGEsJxgEcAKrbP

[monman12]

At last LL, some valid questions/comments. I  debate (?) with FN  purely on the incorrect/biased comments expressed, not the initial tender process and actual progress since then.

LL: "i'm wondering what you would propose as a method if you thought the project worthwhile John. rather than from the view of a project only being viable if it relies on venture capital."
"but its the only way to get it done"

There were other organisations "interested" outside of Telstra:  ( the Optus-led G9 consortium , Indian telco Reliance, private equity funds Providence and Permira and infrastructure player Babcock & Brown) but with an aggressive (disliked by the ALP) Sol Trevillo as CEO, plus  (like now) the NBN had kicked of as some Hunny  prior to the 2007 election we ended up with Conroy's   NBN Co,  and promises of Internet hunny to everyone, who of course licked their lips.:-

"Conroy 2008: ""The Government is determined to ensure that arrangements are in place to promote competition in the market for delivering services over the network."

"Nowhere in the world that I'm aware of has the government ever outlawed competitive infrastructure," (lost the source)

Hence my Lenin quote earlier..
A government monopoly that requires perfectly good telecommunication systems to close down/be restricted is not appealing or sensible, especially if you then study the resulting financial mathematics. Try these articles from Alan Kohler:

http://www.abc.net.au/news/2011-06-27/telstra-nbn-deal-doing-the-maths/2772708
http://www.businessspectator.com.au/article/2013/7/17/technology/impossible-marvellous-nbn-rolls

A NBN infrastructure  system is essential,  but based on the future, economics,need, growth, science, not politics and/or communication systems illiteracy.

However, as we both agree LL, "things can change", and may after 4 weeks.


PS
LL, I know you are an enthusiastic  marksperson (?),  but I wonder  whether you feel  the need to "sight" Alan Kohler, as I am a fan of his reports, press/TV?

[lakeland27]

i still have a quite strong recollection of NBN co not being considered a good prospect for private capital by someone. anyway, Kohler is someone i leave the safety on for mostly.. he needs to be a bit more careful about his reputation than say some of his distant cousins over at the 'other place'. governments come and go but business goes on, which makes me believe he at least tries to be factual. so no bullet.

[freakiness]

"Nowhere in the world that I'm aware of has the government ever outlawed competitive infrastructure," (lost the source)

David Quilty, Telstra.

[freakiness]

http://www.nbnco.com.au/assets/documents/the-changing-landscape-of-media-and-multicast.pdf

The above links to a presentation about the future of multicast with the FTTP NBN. 

[tezza2844]

FAIRFAX is a totally left wing labor?/
Gina Whinehart and Lachlan Murdoch are Major shareholders