The G9 consortium has announced its transformation into a new entity named Terria, ahead of lodging its AU$5 million bond with the government to bid on the national fibre-to-the-node (FTTN) network.
The Federal government has announced today that bidders for the national fibre-to-the-node (FTTN) network will receive an extra 12 weeks to study network information for their proposals.
Competitors for the national fibre-to-the-node network tender had their last chance to submit the required AU$5 million bond to the Federal government late last week, with Macquarie yet to confirm its entry into the race.
The Federal government will be able to share in any profits generated by the multibillion dollar national fibre-to-the-node (FTTN) network if Terria's bid wins out, with the consortium's chairman revealing that its proposal would see network financed via an equity-debt mix.
The recently published 2020 summit Final Report has recommended that the government looks seriously into the separation of its national fibre-to-the-node provider, echoing repeated calls by rival telcos to break up Telstra if it wins the national broadband network tender.
Hillary Clinton's nine lives are not yet depleted and, despite allegations that her stubborn refusal to concede defeat earlier has fragmented her party, she fought her battle to the very end. By placing bets several ways, that battle may just turn into gold for her down the track. Has Optus taken a leaf out of Hillary's book?
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