[LINK] NBN Accountability

[Marghanita da Cruz]

Dec09
 > Communications Minister Stephen Conroy has announced the 
appointment of two new board members for NBN Co, one of 
which is an ex-McKinsey director, bringing the number of 
ex-McKinsey employees on the board to three.
 >
 > New appointee Clem Doherty was a director of McKinsey and 
Company, heading up the Asia Pacific telecommunications, 
electronics, media and multimedia segment, until 1996. He 
was also co-leader of the global telecommunications sector 
and a member of the Asia Pacific board.
 >
 > Siobhan McKenna and Diane Smith-Gander, who have already 
been appointed to the board, were both former McKinsey 
partners. McKinsey has also already been awarded some work 
for the National Broadband Network, being commissioned with 
KPMG to carry out the implementation study.
 >
 > The NBN Co also appointed Christy Boyce, former McKinsey 
principal consultant, as its head of industry engagement....
<http://www.zdnet.com.au/news/communications/soa/Conroy-reveals-NBN-board/0,130061791,339297789,00.htm>

Aug 09
> Former Freehills law firm chief Peter Hay, former McKinsey partner Siobhan McKenna, former Westpac executive and McKinsey partner Diane Smith-Gander, former Wesfarmers finance director Gene Tilbrook and former Telstra and Acacia executive Doug Campbell – who is also heading the Tasmanian NBN company - join the recently appointed NBN Co chairman Mike Quigley on the board of the company.
...
> The directors will be responsible for the management, control and governance of the company under the Corporations Act 2001, a spokesman for Communications Minister Stephen Conroy said.
> 
> “The Board is required to meet reporting and other obligations for Commonwealth companies set out in the Commonwealth Authorities and Companies Act 1997,”
> 
> “Specifically, for the NBN company the Board must exercise its powers to ensure that the company delivers the objects set out in its constitution, which are to: rollout, operate and maintain a national wholesale broadband network while working closely with the Commonwealth during the implementation study in order to facilitate the implementation of the Australian Government’s broadband policy and regulation.”
> 
> It was revealed earlier today that McKinsey and KPMG had been appointed lead advisors to the NBN process. 
<http://www.theaustralian.com.au/australian-it/nbn-company-board-unveiled/story-e6frgamf-1225758649394>

April09
> 
> National Broadband Network: 21st century broadband
> 
> The Australian Government announced on 7 April 2009 it would establish a new company to invest up to $43 billion over eight years delivering superfast broadband to Australian homes and workplaces.
> 
> To turn its vision into action the Government has:
> 
>     * established NBN Co Limited to build and operate the network, with the objective of providing 90 per cent ‘fibre to the premises’ coverage delivering speeds of 100 megabits per second with remaining coverage through state of the art wireless and satellite technologies, offering speeds of up to 12 megabits per second, to people living in more remote parts of rural Australia
>     * already invested $60 million of an initial $4.7 billion investment in the company
>     * commenced a detailed implementation study by a consortium of McKinsey and KPMG to inform the company's operating arrangements, detailed network design and ways to attract private sector investment
....
<http://www.dbcde.gov.au/broadband/national_broadband_network>
-- 
Marghanita da Cruz
http://ramin.com.au
Tel: 0414-869202