The National Broadband Network could be deployed much cheaper and quicker by using existing water and sewerage infrastructure rather then building new ducts to house fibre, according to a fibre infrastructure provider. The claim comes amid a continuing controversy over the cancelled NBN Co building tender, and accusations of price gouging by building companies.
The Federal Government today claimed it had "made history" this morning after it officially launched live services on its flagship National Broadband Network project on the mainland, in a ceremony attended by Prime Minister Julia Gillard, Communications Minister Stephen Conroy and a host of other parties associated with the telecommunications sector.
Victoria's Coalition State Government has heavily criticised the Labor Federal Government's flagship National Broadband Network policy, arguing in a submission to a parliamentary inquiry into the NBN that the project could see the telecommunications sector's existing "dysfunctional" market structure replicated and competition put at risk.
Telecommunications services provider M2 Telecommunications Group (ASX: MTU) has reported a record net profit after tax (NPAT) of $27.6m (up 72 percent on the previous year) and record EBITDA of $48.3m (up 54 percent) on revenues that were five percent up, to $426.8m.
Mexican telecommunications mogul Carlos Slim Helu says the Commonwealth's optical-fibre National Broadband Network seems over-priced at $43 billion and that Government should focus on a mix of technologies that includes fibre, wireless and copper.
Clever Communications (ASX: CVA), a provider of fixed broadband wireless services to businesses in major metro areas, is planning to sell those parts of its business that serve customers by reselling wireline and mobile services from other telcos to M2 Telecommunications (ASX: MTU) for $5m.
The Federal Government will push to get its stalled telecommunications reform bill passed this year, and says the Opposition will be held to account for any delays and cost escalations for the National Broadband Network if the legislation is held up.
M2 Telecommunications Group (ASX: MTU) has become the first retail service provider to connect an NBN customer via Telstra Wholesale, which is the first provider to offer products and services over the NBN that can be re-sold to consumers.
Australia's largest non-infrastructure based provider of telecommunications services, M2 Telecommunications (ASX: M2) has embarked on a radical shift of its business model by paying AUD$192m for Primus Australia - very much an infrastructure-based telco.