Wednesday, 17 April 2019 10:46

Call for NBN Co board to quit over ‘failure to deliver’ on core mission Featured

By

Commpete, the former Competitive Carriers Coalition, has called for the resignation of the board of NBN Co, the company rolling out the Australian national broadband network, accusing it of comprehensively failing in its core mission, including driving a more competitive telecommunications sector.

Commpete says the board should resign to allow an incoming government to save the project.

According to Commpete, the massive public investment in building the NBN was predicated on the understanding it would transform Australian communications markets, and this was “not just, or even primarily, about transformative technology”.

“It was about driving a more competitive telecommunications sector to end the raw deal consumers have suffered for years due to inadequate competition,” Commpete chair Michelle Lim said.

“Creating a separate, national, wholesale only access network removed the biggest barrier to competition: creating a level playing field to allow competitors equal access to customers.

“But the evidence is now in that NBN has failed to deliver against the core objective," Lim said.

Lim cited market share data from the Australian Competition and Consumer Commission showing the proportion of NBN connections to challenger retailers has flatlined at below 7%.  

And Lim says the goal should be “30% market share to challenger retailers”.

“Even more damning than this record of failure is the complete silence from NBN about how it is going to change to fulfil its core mission of lifting competition.

“The board has presided over this complacency and now must take responsibility for it.”

Lim said Commpete believed the NBN board had demonstrated no appreciation of the problem, “let alone any imagination in how to promote bold action to reverse it, and should let new blood take over”.

“The NBN is the most important Australian infrastructure project of the past 50 years because it is about so much more than just a piece of infrastructure.

“It is about affordable, innovative, responsive communications markets capable of making Australia the world’s leading digitally economy.

“Without a refreshed and passionate new vision, there is a risk more than $40 billion will have been spent for nothing.

“The board should now allow a refresh of the project to commence immediately to achieve the original competition goals.”

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has high potential to be exposed to risk.

It only takes one awry email to expose an accounts payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 steps to improve your Business Cyber Security’ you will learn some simple steps you should be taking to prevent devastating malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you will learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

ADVERTISE ON ITWIRE NEWS SITE & NEWSLETTER

iTWire can help you promote your company, services, and products.

Get more LEADS & MORE SALES

Advertise on the iTWire News Site / Website

Advertise in the iTWire UPDATE / Newsletter

Promote your message via iTWire Sponsored Content/News

Guest Opinion for Home Page exposure

Contact Andrew on 0412 390 000 or email [email protected]

OR CLICK HERE!

Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments