TPG-Soul has pulled out of the Terria consortium today, saying the nation doesn't need a national broadband network.
The victory of New Zealand's National Party in the country's elections over the weekend has vaulted the creation of a $1.5 billion national fibre broadband network to the top of the government's agenda.
Australia's second largest telco Optus today said it would not invest in fixed line phone and internet networks in Australia if Telstra was awarded control of the national broadband network (NBN).
Further details have emerged about Acacia, the shadowy bidder for the government's $4.7 billion national broadband network, including the fact that it is planning an Australia-wide roll-out that would not be confined to a single state.
TransACT has decided to pull out of Terria, the consortium bidding against Telstra for the government's $4.7 billion national broadband network, shortly after the departure of two other members AAPT and Soul.
If there's fibre running to the node down my street by the end of 2009, I'll eat my own shoes with mustard sauce.
The inference that Soul, AAPT and TransACT were Dead Telcos Walking long before their withdrawals were announced makes me wonder whether Terria has always been, God help us all, just as flimsy a proposition as Telstra has made it out to be.
Labor's policy of socialised broadband has certainly proved much harder than the party believed it would be back when it was in Opposition, but it is Telstra that stands to lose the most from the NBN - and that applies whether it loses the NBN contract or wins it.
The vision of the future BT portrayed this week at an Australian conference was so far removed from how Telstra's David Quilty has described the British telco that I wonder if they were talking about the same UK.
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