Displaying items by tag: NBN Company

In its financial results just released, nbn has recorded strong customer and revenue growth in the three months to 30 September but still had a gross loss of $336 million.

The Labor-dominated Senate Committee on the NBN has summonsed Ziggy Switkowski and other senior NBN Co executives to appear before it today. They don’t want to.

The Federal Government is considering a plan to extend a special 457 visa program designed for the resources sector to the telecommunications industry, to allow it to expedite the import of large numbers of skilled workers.

If Victoria was not given enough priority in the early stages of National Broadband Network construction, it was because of state government inaction in the tech sector, shadow technology minister Adem Somyurek says.

The chairman of the joint parliamentary oversight committee on the NBN Rob Oakeshott says workforce-related issues arising from the $11 billion Telstra-NBN Company deal might add to the cost of the national broadband network roll-out.

The powerful joint parliamentary committee overseeing the roll-out of the national broadband network will scutinise the $11billion deal between Telstra and the NBN Company, looking at questions of risk and value for money.

The NBN Company is likely to withdraw a request for a "price shock mechanism" - which would allow it to increase prices for its wholesale services by up to five per cent above inflation - as being of little value, NBN Co chief executive Mike Quigley has told a senate committee.

As the NBN Company today released plans to roll-out its fibre network to nearly 500,000 homes in the next 12 months, the Australian Greens say Opposition leader Tony Abbott must now drop the Coalition plan to "demolish" the NBN if it is elected.

Shadow communications minister Malcolm Turnbull's private members bill seeking to force Government to conduct a cost benefit analysis of the National Broadband Network has been defeated in the lower house by a single vote.

The NBN Company business case will not be made public until next month, despite mounting pressure from the Opposition and the Greens for the release of the document.

As the political fight over the National Broadband network gathers heat, the NBN Company has moved ahead with data centre construction, contracting Cisco Systems as its equipment provider.

The communications sector's peak user interest lobby has joined the chorus of industry voices objecting to the NBN Company's points of interconnect proposals, saying it risks reducing infrastructure competition into the future.

NBN Company chief financial officer Jean-Pascal Beaufret has been appointed to the board of NBN Tasmania as the operational management of the two companies become more closely aligned.

The Federal Government has killed off its NBN Tasmania joint-venture plan, saying the Commonwealth would proceed with the state's National Broadband Network roll-out alone.

The NBN Company today confirmed it had delivered its much-anticipated corporate plan to the Federal Government, detailing how it will build the $43 billion National Broadband Network, and the prices it will charge for its use.

Malcolm Turnbull, not unreasonably, wants the most rigorous tests of project oversight and financial transparency applied to the National Broadband Network. Which is quite right, of course. It is, after all, the largest single infrastructure spending project ever undertaken in this country.

A cost-benefit analysis may not be the right instrument to apply to the National Broadband Network project, according to Western Australian Greens Senator Scott Ludlam, who says the NBN Company business case will make more relevant reading.

Guaranteed minimum broadband speeds of 12Mbps could be delivered at a fraction of the cost of Government's National Broadband Network - and wouldn't cost taxpayers anything in the cities, shadow communications spokesman Malcolm Turnbull says.

The Coalition wants amendments to proposed telecommunications industry reforms that allow for a Telstra separation into wholesale and retail businesses - but under a deal that guarantees wholesale pricing and regulatory certainty for the company.

The powerful lobby Australian Industry Group has thrown its weight behind the National Broadband Network, calling the project an "unprecedented opportunity" for business innovation and placed a premium value on the ubiquitous nature of the fibre roll-out.