NBN's fibre-to-the-node demise announced

This is a news story, published by Guardian, that relates primarily to NBN news.

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Guardian

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NBN’s $3bn fibre revamp is great news but don’t Australians now care more about price than higher speeds?

Summary

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77% Informative

Albanese government announced on Monday that 95% or 622,000 homes currently accessing the NBN via fibre-to-the-node ( FTTN ) will be able to upgrade to full fibre by 2030 at an additional cost of $ 3bn .

FTTN has historically been much more expensive for NBN Co to maintain.

It comes at a time when NBN Co is haemorrhaging customers who substitute their home internet with 5 G or Elon Musk’s Starlink satellite option.

Cutting prices for the NBN would bring relief but also make sure the NBN can be an asset used and valued by the public.

NBN ’s pricing model is centred around the idea that the network will make a return on investment.

The Albanese government is now arguing against privatisation of the NBN , going as far as to legislate to keep it public.

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Article tone

semi-formal

Language

English