87% take up the NBN

[IQSRLOW]

note: this is a completely spurious concept in our modern fiat monetary system, but I digress

Oh look, it's the free money fucktard to to spruik his wares

[Jovial Monk]

NBN got the go ahead from Parliament today, IQ, you will soon have ultrahigh definition bestiality porn downloaded at blazing speed!

[Jovial Monk]

This is what the CEO of Optus thinks of it:

Hi Team,
We have reached another defining moment in our history.

It s the day our years of advocating for reforms in the telco industry finally pays dividends.

Legislation for the structural separation of Telstra has been passed in the Senate of Federal Parliament. It will now go before the House of Representatives on Monday. This comes ahead of the rollout of high speed broadband through the NBN. The legislation closely mirrors what we have long been advocating for a regulatory framework built around the four key pillars of structural separation, open access principles, cost-based pricing, and ACCC oversight.

For almost twenty years we ve been on the cutting edge of driving competition in mobile. It s been a winning strategy for us and the Australian public. But we ve been held back doing the same in fixed until today. The legislation will take time to move from paper to reality – there s much the government, Telstra and the ACCC will need to work through around the logistics and timeframes for delivering on the requirements. However, it presents a real opportunity for us to compete and provide greater choice and value to Australian consumers. We ll keep you posted as we work through how we maximise the impact of this reform.

For now though, let s all be very proud of the role Optus has played. It s been our determination and tenacity that has ensured the Government, Independent Senators, the public and other organisations like the ACCC have understood that real competition for the fixed market is a must – it s not negotiable. It s a win for all Australians.

Bring it On!

Paul O’Sullivan

CEO, Optus

We know Telstra now wants it.

OH, and our fave little Lieberals are now living up to their name by calling the NBN a “$50 or $55Bn project” BTW, adding in to the NBN capex of $37Bn the $13Bn opex of the Telstra deal, without counting in the revenues transferred to the NBN by the NBN-Telstra deal.

[IQSRLOW]

This is what the CEO of Optus thinks of it:

Not surprisingly you are conflating the two issues

Economists stating what anyone with half a functioning brain cell already knows
http://www.abc.net.au/news/stories/2010 ... n=business

The NBN, is it worth the cost?
An international critique of super fast broadband says the benefits of rolling out a fibre-to-the-home broadband network have been grossly overstated.

The working paper called 'Superfast: Is it Really Worth the Subsidy?' warns governments to think very hard before spending billions on broadband and it questions the productivity figures that Kevin Rudd cited last year when he announced the benefits of the government's investment.

It was written by telecommunications consultant and an economist, Robert Kenny and his brother Charles Kenny, a senior fellow at the US centre for global development.

They argue the evidence to support government subsidies to deliver fast speed broadband to the home is "surprisingly weak" referring to claims it will support economic growth.

[Leftwinger]

Too late dick brain - it's a done deal. This pathetically transparent piece of propaganda was written by an old mate of Turnbull's who also - coincidentally enough - worked for Hong Kong telecom. Wonder if he has a vested interest in wireless rollouts?

[Jovial Monk]

ahahahahahahaha oh man, I actually clicked to see exactly what crap MR_STUPID put up. He is quoting the Kenny report! hahahahahaha!

That compared the NBN to a Concorde, no dickbrains (Kenny bros and MR_STUPID) that analogy does not hold, FTTH is well established technology and being rolled out in Asia, Europe and America and now, thankfully, in Oz. It is utter dreck!

[IQSRLOW]

Then you should have no issue with having a CBA by the productivity commision...but you will because you know that it would show that this will be one of the biggest wastes of money in Australia history.

The report already shows that the economic benefits was completely overstated by Krudd trying to sell his napkin idea

[IQSRLOW]

http://869789182725854870-a-commcham-co ... edirects=0

Meanwhile, Prime Minister Rudd’s estimates of 78% of service and 85% of manufacturing productivity gains in Australia stemming from ICT seem to have been based on two papers from that country’s Department of Communications, Information Technology and the Arts. These said that 59-78% and 65-85% of service and manufacturing productivity growth respectively was due to technological factors.10 What was an upper bound in the research has become a mid-point in Rudd’s speech, but more importantly the research was looking at all technological factors, not just ICT. Thus the figures cited include the benefits of everything from biotechnology to the rise of containerized transport. Finally, the research covered the period 1985-2001 for manufacturing and 1984-2002 for services, when the Internet was in its infancy and broadband was pre-natal.

Krudd was doing what all Liebor govts do...stacking the numbers

[Leftwinger]

ahahahahahahaha oh man, I actually clicked to see exactly what crap MR_STUPID put up. He is quoting the Kenny report! hahahahahaha!

Yeah, that's the one that was at the otherwise intelligent Peter Martin

Come to terms with it pecker head - that report is a piece of political propaganda, being used as one last ditch attempt to stall progress.

[IQSRLOW]

Then you will have no problem refuting any of the arguments then you commie fluffy bunny