NBN costs projected higher at AUD 50.6 bln in 2028

Monday 28 November 2011 | 02:49 CET | News
Capital spending on Australia's National Broadband Network (NBN) are forecast to reach over AUD 50 billion while financial returns could be slower than expected. Corporate advisors Greenhill Caliburn said in a report to the government that capex would reach AUD 50.6 billion in 2028, The Australian reports citing the report it obtained under Freedom of Information law. The figure is significantly higher than the costs projected by December 2020 of AUD 35.9 billion. The document also says that slower-than-expected development of digital video could "adversely impact" the number of users

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Categories: Fixed
Countries: Australia
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