Friday, 17 November 2017

NBN to exhaust govt funds this coming fiscal year

By Nick Wood, Total Telecom
Wednesday 04 May 16

Australia's national broadband network must scrape together as much as A$26.5 billion to complete the rollout.

Government cash for Australia's NBN will run out at the end of June 2017, which means the state-owned broadband provider needs to raise up to A$26.5 billion (€17.26 billion) in private financing in order to fully fund its nationwide deployment…

Government cash for Australia's NBN will run out at the end of June 2017, which means the state-owned broadband provider needs to raise up to A$26.5 billion (€17.26 billion) in private financing in order to fully fund its nationwide deployment…

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