Delicious/delimiterau
- NSW Government signs mega data centre deal
- NBN FUD: will Abbott ever learn?
- Telstra cloud pilot in e-health system
- T-Box tension as IPTV boss departs
- Shorten monitoring Game collapse
- Will NSW deliver on its ICT plan?
- Inside NSW's evolving ICT strategy
- WA Education battles SOE funding squeeze
- NBN rollback to cost at least $1.8 billion
- Outdated tech risks Tassie Police: union
News - Written by Renai LeMay on Thursday, May 6, 2010 17:26 - 0 Comments
NBN Co promises business case by May 31
The company in charge of building and operating the National Broadband Network this afternoon promised to deliver “a full business case” to the Government for the project by May 31, in the wake of the release of the NBN Implementation Study earlier today.
In the report, consulting firms McKinsey and KPMG found that it would cost $42.8 billion in the worst case to build the National Broadband Network — just $200 million less than the Government’s own initial estimate more than a year ago.
And Communications Minister Stephen Conroy said the study confirmed that the NBN business model would ensure taxpayers would be paid back on their investment, with a modest return by year 15 of the project.
“In accordance with [Government Business Enterprise] guidelines, NBN Co will be submitting its corporate plan, including a full business case, to Government by may 31,” said NBN Co chief executive Mike Quigley (pictured) in a statement, welcoming the report and stating it was “pleasing” that the report backed NBN Co’s conclusion the project was financial viable.
“In the meantime, NBN Co continues to design and plan for the construction of the network based on the criteria set for it in July last year,” he said.
NBN Co will also await what Quigley said was the Government’s final decision on policy matters — the recommendations in the report.
The lack of a business case for the NBN has been a sticking point for the Opposition and other parties in the telecommunications sector since the project was first fully revealed in April 2009, with claims being repeated that the project was ‘drawn up on the back of an envelope’.
For example, today Shadow Communications Minister Tony Smith said the Implementation Study did “not alter the Federal Coalition’s view that Labor’s NBN is an irresponsible, reckless and risky Rudd adventure with taxpayers’ money”.
Image credit: NBN Co
Related posts:
- NBN Co’s business case slips due date
- Caliburn rubber-stamps NBN business case
- NBN Co business case summary: Available now from your local dealer (that’s us)
- NBN Co business case: A big fat load of nothing
- Linton mystified by NBN business case “drivel”
| Tweet | |
![]() |
Enterprise IT, News - May 17, 2012 15:20 - 0 Comments
Microsoft beats Salesforce to utility CRM deal
More In Enterprise IT
- NSW finalises colossal datacentre consolidation
- Two good Australian CIO interviews
- Three lessons ING’s private cloud teaches us
- SAP considers Aussie datacentre
- How much more do servers cost in Australia?
Photo Galleries, Telecommunications - May 17, 2012 12:14 - 19 Comments
Pristine Telstra network photos: We sourced our own
More In Telecommunications
- NBN no CommBank or Qantas, says Hockey
- NBN debate not about technology, says Turnbull
- No pristine photos: Telstra rejects copper challenge
- Politicos reject NBN referendum idea
- We’re not shutting down T-Box, says Telstra
Blog, Gadgets - May 17, 2012 15:38 - 0 Comments
Will Telstra skip Nokia’s Lumia 900?
More In Gadgets
- New BlackBerry OS 7.1 hits Australia
- ASUS Transformer Pad tablet hits Australia
- HTC One XL on sale: Compatible with Telstra 4G
- Optus a “disgusting” company, says AFL chief
- GAME Australia goes into administration
Reviews - May 7, 2012 18:16 - 2 Comments
Telstra Mobile Wi-Fi 4G: Review
More In Reviews
- Samsung Galaxy S III: Preview
- HTC Titan II 4G: Preview
- Nokia Lumia 710: Review
- Sony Xperia S: Review
- Samsung Omnia W: Review








sponsored post ING Direct recently implemented a private cloud solution to virtualise its entire banking platform, allowing it to provision a new copy of itself -- a so-called 'bank in a box' -- within minutes. 
Leave a Comment