Australia’s national broadband gets a big tick from Google

Google executive chairman Eric Schmidt has given the thumbs-up to the National Broadband Network deal and criticised the opposition’s continued push for a wireless solution.As Telstra sealed an $11 billion deal to take part in the development of the network, Mr Schmidt attacked the opposition for continuing to push for an alternative broadband strategy.To read this report in The Australian in full, see:
Also see:Telcos to keep NBN alternative in deep-freeze
Contrary to expectations, agreements between NBN Co, Telstra and Optus will leave intact, but dormant, large pieces of infrastructure that will sit alongside the tentacles of the new fibre-optic network.Rather than outlining how telecoms service providers such as Telstra and Optus must shut down infrastructure such as their hybrid fibre coaxial cable, the agreements mainly canvass migrating broadband customers to the NBN fibre network. As part of their deals, both Optus and Telstra have agreed to network preference deals promising to exclusively use the NBN’s fibre network as their fixed-line broadband supplier for a set number of years. sits pretty over key access
Of the eight agreements detailed in the 42-page summary released by Telstra yesterday, the key one for investors and the NBN Co is the so-called Infrastructure Services Agreement (ISA).This is the agreement that allows NBN Co access to critical Telstra infrastructure to build the core network and is the honey pot for the telco from which cash payments will flow. up the broadband
Optus chief executive Paul O’Sullivan says the agreements on the National Broadband Network announced yesterday will bring the “potential of 21st-century digital life” to Australia.Wayne Swan calls it a red-letter day for competition in this country and promises the government will be out there “banging the drum” every day to explain what an “open access wholesale network” means for consumers. Thodey’s great save
I just can’t get this image of wicketkeeper David Thodey, diving full-length down the leg side to miraculously scoop up a ball that is on its way to the boundary, out of my mind: Telstra’s $11 billion deal with NBN Co and the Commonwealth government has to rank as one of the greatest saves in Australian corporate history.Which is not to say that Thodey has completely undone the damage done during the Sol Trujillo-Donald McGauchie era, which ran from 2005 until last year, when Thodey was appointed as chief executive, and Catherine Livingstone took over from McGauchie as chairman.

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