RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: As usual, thanx to OZschwitz statists, NBN costs blow out by billions Wed Aug 08, 2012 7:10 pm | |
| NBN Co's broadband network will cost $1.4 billion more to build and $3.2 billion more to operate than first expected - altogether $4.6 billion over ten years – but rollout targets are being met, according to an updated corporate plan.
The $1.4 billion figure is indexed for inflation. The increased costs will see NBN Co taking in more revenue from 2018 onwards, giving it about $10 billion annual revenues in 2028 rather than $8.5 billion if the additional investment were not made, according to the updated corporate plan.
Read more: http://www.smh.com.au/it-pro/government-it/nbn-costs-blow-out-by-billions-20120808-23u0f.html#ixzz2300QWkbv
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