Mmmm …

As it stands, most estimates nowadays are that the MTM NBN will redeem less 
than $30 billion of its capital costs when on-sold to a gullible private 
industry. Thats a $30 billion capital loss on the books after sale.

Personally I doubt whether it’s worth even $20 billion …. but a non-gullible 
Telstra or other big player may be able to depreciate it quickly on their books 
… and hey, Telstra has gotten $11-15 billion out of the government for the 
initial build anyway - for ducts and services - before they have to go to/build 
fibre as they should have done in the first place. 

Hey, the telcos will have a clientele (the Australian public) trapped in 20th 
Century network performance envelope … but that won’t worry them.

Mr Broadband is building us a $60 billion White Elephant that everybody seems t 
think is a colossal waste of money … and all for politics. All because the MTM 
‘idea' (and I use that term loosely) isn’t Labor’s.

Sadly, if this matter is allowed to die in the coming long election campaign 
nobody will be held accountable for this debacle - and Mr Broadband really 
deserves some real public attention for this waste of public monies and ever so 
damaging politicking.

Just my 2 cents worth …
----
> On 22 Mar 2016, at 6:41 AM, Paul Brooks <[email protected]> wrote:
> 
> By building for the far-off future - which doesn't require significantly more 
> upfront cost - makes it more likely to make a financial return, not less 
> likely, by extending the time period they can receive wholesale rental 
> revenue by a  decade or more.
> 
> 
> -------- Original Message --------
> From: David Boxall <[email protected]>
> Sent: 21 March 2016 8:53:16 pm AEDT
> To: Link <[email protected]>
> Subject: [LINK] NBN chief seeks advice of US tech giants as broadband 
> technology debate rages
> 
> <http://www.afr.com/technology/web/nbn/nbn-chief-seeks-advice-of-us-tech-giants-as-broadband-technology-debate-rages-20160318-gnlxcp>
>> He said those advocating for NBN to build for the far-off future were 
>> ignoring the fact that it was set up as an enterprise required to make 
>> a financial return, rather than as a public service.
> 
> Can't have government providing services, can we?
> 
> -- 
> David Boxall                         | "Cheer up" they said.
>                                      | "Things could be worse."
> http://david.boxall.id.au            | So I cheered up and,
>                                      | Sure enough, things got worse.
>                                      |              --Murphy's musing
> 
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> 
> -- 
> Sent unplugged
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