The strategic review (PDF), released to the public by NBN Co and Communications Minister Malcolm Turnbull today, paints a dire picture of the state of the existing rollout. According to the review, the network would have cost AU$73 billion, and would not be completed until mid-2024. In direct contrast to the final NBN Co corporate plan put together by the previous NBN board that indicated the network would be completed at the end of 2021, and would not cost more than the already estimated peak funding requirement of AU$44.1 billion.
It’s a long, dense document, and everyone’s still digging through it, but Josh has some good early analysis. Tentative outlook: more money, less internets.
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