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I suppose we'll wait for another LNP Govt to see the cookie jar is full of a tasty asset to sell off. Bet they'll add the lovely vertical integration of a Telstra and let them go full retail
Howard needs to be SHOT for selling off Telstra the way he did. Retail should have been sold, whith network / wholesale kept in public hands, or sold off as a separate entity. I would argue the way things stand that consumers and business especially, have been right royal shafted that the sale price has been lost in higher charges.
..... full story here: http://www.brw.com.au/p/tech-gadgets/nbn_brilliant_foundation_says_berners_LWyBHFJtdUoOi2M2QLpDZNNBN A ‘BRILLIANT FOUNDATION’, SAYS BERNERS-LEE
The inventor of the world wide web, Sir Tim Berners-Lee, says the National Broadband Network is a “brilliant foundation” for Australia, but now work has to be done to make sure that we make the most of it.
“The fact that you have a piece of fibre optic cable coming out of the wall is only a start,” he says. Berners-Lee is making his first visit to Australia in 15 years.
Berners-Lee spoke in Sydney at the launch of the CSIRO’s $40 million Digital Productivity and Services Flagship research initiative, which is focused on helping the services sector get the full value from the NBN.
The program aims to help improve Australia’s sagging productivity levels and to change from being a a resource-focused nation to a country that delivers more efficient and innovative “digitally enhanced” services.
Here you go GG, some more high praise from the private sector for you:
..... full story here: http://www.brw.com.au/p/tech-gadgets/nbn_brilliant_foundation_says_berners_LWyBHFJtdUoOi2M2QLpDZN
Sydboy don't get too out of shape, Labor sold off plenty as well.
I bought into the first sale of Telstra and the opposition (Labor) said it was sold too cheap. So the next tranche was sold at $7.40, I'm still waiting for it to hit that again.
Labor sold CBA at $5 first issue, $10 second tranche, I fail to see your reasoning.
Should Howard have split Telstra up and recieved less, or was Keating remiss in selling CBA cheap?
Maybe someone made a fortune out of shares?
Our internet and phones and eftpos in Townsville have been out, something to do with a cable broken down south, all today.
Businesses would have lost millions in the North today.
The NBN will be similarly ransom to weather events.
We should have spent all the money on wireless.
But no, a brilliant idea by a couple of Labor appartchiks who have never worked a day in their lives in private enterprise, thought up over a vino in a business class seat, on the back of an envelope, trumps common sense.
gg
Telstra has flown techicians in to repair a flood-damaged fibre optic cable between Gladstone and Bundaberg in Queensland that it says "carries much of the state's communications needs".
Telstra has repaired a flood-damaged fibre optic cable on the NSW far south coast that cut landline access to the Triple Zero emergency network.
Not only that, but Telstra have profit mined (run down) the copper network to the point that replacement would soon be required even if fibre and the NBN hadn't come along.Cut over to Telstra and the situation we have now I think anyone who has a bit of an understanding of how the industry works would agree that Telstra has abused its monopoly and we as consumers have suffered from higher prices. So the reality is the higher sale price has been at the cost of higher consumer prices.
Not only that, but Telstra have profit mined (run down) the copper network to the point that replacement would soon be required even if fibre and the NBN hadn't come along.
As I said, I'm all for private enterprise but I just don't think the model fits well with long life cycle assets. It tends to be too short term focused and that doesn't end well.
We lost our cable internet the last couple of days presumably to the bad weather. Our only access to the internet has been through mobile data on our phones using WIRELESS. It worked well.
It made me wonder if fibre optic will fare any better in these bad weather conditions. It seems not according to the two articles below. And yet isn't the plan for fibre optic cables to even replace our land lines? What's the point of that if they are going to just go down when we have heavy rain and people lose both internet and land lines? We are spending billions of dollars on this?
Read more:
Telstra flies in crew to repair flood-damaged fibre
and previously in 2011:
Read more:
Telstra fibre optic cable damaged in NSW storms
Yeah, they are doing that alright, my tax just went up in the last week, anything that was in the kitty has been spent on setting fire to ceilings, putting illegal immigrants in military accommodation, partly building new classrooms, ensuring that more money is spent on the administration of both the health and education system than on the people doing the work, making donations to corruption in Indonesia and numerous jollies overseas to save the planet.
You cannot be serious !
Yeap, so no different from any previous govt, only they're giving people in remote areas a shot at joining the 21st century. You've either got a govt that thinks of the future but screws things up or one that sits on its hands and watches the place rot. Hang em, but don't hang em for the one thing they might be doing right. If we had a bit more forward thinking and a bit less bleating the country might be worth a jot.
Yeap, so no different from any previous govt, only they're giving people in remote areas a shot at joining the 21st century. You've either got a govt that thinks of the future but screws things up or one that sits on its hands and watches the place rot. Hang em, but don't hang em for the one thing they might be doing right. If we had a bit more forward thinking and a bit less bleating the country might be worth a jot.
Yeap, so no different from any previous govt, only they're giving people in remote areas a shot at joining the 21st century. You've either got a govt that thinks of the future but screws things up or one that sits on its hands and watches the place rot. Hang em, but don't hang em for the one thing they might be doing right. If we had a bit more forward thinking and a bit less bleating the country might be worth a jot.
Cant help but wonder what mite of been had Howard stepped aside before APEC, with Costello backing a FTTN project with a 10 > 12 billion spend and passing Kyoto and promising at the least some backing for renewable's etc.
Perhaps It didn't have to end in tears.
NBN Co plans to increase the internet speeds offered to nearly a million homes and businesses in rural and remote Australia starting from June 2013.
Communications Minister Stephen Conroy announced the changes during an event in Bungendore on the outskirts of Canberra.
People connecting to the $37.4 billion national broadband network using wireless and satellite technologies will see a doubling of the base downloads speeds from 12 megabits per second to 25Mbps. Uploads will increase from 1Mbps to 5Mbps.
The new promised speed is faster than what most people in cities using copper-based broadband like ADSL currently experience.
NBN Co said it would sell the new services to telecommunications companies like Telstra and iiNet for the same price as its fibre optic services to provide a level playing field - $27 per month for the 25/5Mbps service and $24 for the 12/1Mbps service respectively.
“The price for customers for the 25/5 Mbps service on fixed wireless and satellite will be the same as that charged for 25/5 Mbps fibre services at around $40 per month,” Senator Conroy said.
In a statement NBN Co said customers using fixed wireless services would be the first to see their services increase from June 2013 onwards. Premises in the most remote parts of Australia using satellite systems will not see an increase until the company launches its hardware into space in 2015.
According to its own predictions, the total number of premises NBN Co expects to have connected using both satellite and wireless services by June 2013 across all of Australia is 38,000. But a large portion of those customers will remain on satellite speeds of up to 6Mbps until 2015.
NBN Co revealed last month that while 17,300 homes and businesses could now connect to the fixed wireless network, just 1000 had an activated connection.
Senator Conroy told the ABC on Wednesday morning that the upgraded speeds would be offered after tests conducted on the network.
There won't be any problem for either Government or Broadband service providers.
I requested clarification from the TIO about the legal obligations of an ISP. Answer: All we, the peepull, are entitled to is a landline telephone service. Neither mobile phones nor internet need work.
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