Pipe 229BC Australian NBN company runs out of money requiring a AUD20bn from Government to complete mixed techn

Australian NBN company runs out of money requiring a AUD20bn from Government to complete mixed techn

by
Anonymous Coward
in internet on (#229BC)
After downgrading the promised Australian fiber network to a 'mixed technology' which was promised to be delivered faster and cheaper the NBN Co. has run out of money. NBN Co. had loaned 20bn from the Australian Government to complete the NBN rollout. Even with this cash injection NBN Co. will still be unable to deliver the fiber network promised to the Australian people when the project first began.
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