Australia's national broadband bet shirk: NBN write-down not on the cards – chairman

Australia's National Broadband Network co-chairman, Ziggy Switkowski, has told a Senate Estimates hearing at the country's parliament in Canberra that he doesn't endorse a write-down of the company. The network is slated to be sold when the rollout is finished, but earlier this month opposition communication spokesperson …

[Youngone]

Weirdos

So let me get this straight

The Aussie taxpayers pay for a national fibre network* which is sold off to private interests for (possibly) less than cost and which will then be a monopoly?

Why would anybody agree to that?

* For some values of fibre. Speeds not guaranteed.

[e^iπ+1=0]

Re: Weirdos

"Why would anybody agree to that?"

Did anyone agree to that?

[Neoc]

<sigh>

I do wish our government would stop privatising our infrastructure. By all means, allow private companies to offer service over the architecture... but stop selling off the frigging architecture!.

[VikiAi]

Down in the boondoggles

Lawd have mercy on a poor Govt. from down in the boondoggles.