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.
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 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.
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 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.
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?
For no particular reason that I can discern, a 1979 Kenny Rogers song popped into my head as I was considering the ever more complex morass that is the national broadband network tender which Senator Stephen Conroy defended in his CeBIT keynote speech.
Will Internode's (sudden) and dramatic price hike for its broadband plans undo the G9's plans for an affordable, high-speed broadband network?
Australians have a right to know exactly what the G9 is planning.
The story of how Telstra lost its network is one of hubris and bungling, of misreading the play in Australia by men from the US who thought they knew everything already. Shareholders should never forget this.
Ovum's David Kennedy says Australia can have a world-leading telecommunications regime if it wants one.
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IT: Govt's cost-cutting bitch
Can complaints on mobile content be cut?
NZ farmers: Bleating about broadband
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