Telstra chief executive Sol Trujillo today said the telco was waiting on more information from the federal government before deciding on whether or not to bid to build the National Broadband Network (NBN).
TPG-Soul has pulled out of the Terria consortium today, saying the nation doesn't need a national broadband network.
The global economic crisis has made the Federal Government's National Broadband Network plan an expensive and risky proposition which end users won't have the money to pay for, one analyst said this week.
The victory of New Zealand's National Party in the country's elections over the weekend has vaulted the creation of a $1.5 billion national fibre broadband network to the top of the government's agenda.
Australia's third-largest ISP iiNet said yesterday that the government's $4.7 billion national broadband network was "doomed to be a monumental failure" despite the fact that iiNet itself is a member of Terria, a consortium bidding to build the network.
In times of financial crisis, it's inevitable that companies reassess their financial plans.
If there's fibre running to the node down my street by the end of 2009, I'll eat my own shoes with mustard sauce.
The inference that Soul, AAPT and TransACT were Dead Telcos Walking long before their withdrawals were announced makes me wonder whether Terria has always been, God help us all, just as flimsy a proposition as Telstra has made it out to be.
Will the Regional Telecommunications Independent Review Committee's report linger as simply yet another ineffectual review guiding limp and ineffectual efforts to improve regional services?
Fair is not what the National Broadband Network tender is about; it's bloodsport, and a fight for survival, and a challenge of the wills, and all the other sorts of superlatives you might expect from an Olympics announcer.
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