Friday, November 29, 2013

NBN revenue to be hit by triple-whammy | The Australian

NBN revenue to be hit by triple-whammy | The Australian: "OFFICIALS from the Department of Communications have admitted that the National Broadband Network will take a triple-whammy revenue hit because of changes to the project's technology and rollout plans.

Speaking before the Senate Select Committee on the National Broadband Network, first assistant secretary Mark Heazlett acknowledged the need for revisions to the NBN Co corporate plan to account for revenue declines brought on by increased competition from other networks and an inability to sell higher-speed broadband plans.

The Coalition is changing the rollout of the NBN from a plan that under Labor promised to connect a fibre optic network to 93 per cent of the nation's homes and businesses."

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