Selling the NBN Co to a private entity as a monopoly would be the worst way to ensure that the network is upgraded, a network expert says, adding that if the definition of insanity is to do the same thing repeatedly and expect different results, then privatising NBN Co as a monopoly would definitely qualify.
The Australian Competition and Consumer Commission has asked NBN users who experience slow speeds to check with their providers if they are eligible for a refund in line with agreements that the watchdog negotiated with providers over the last 15 months.
NBN Co, the company rolling out Australia's national broadband network, the NBN, has recorded a loss of $4.1 billion for the full-year 2018, according to results announced on Thursday.
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