[LINK] NBN to cost 24 times South Korea's faster network, says research body

[Paul Brooks]

On 11/02/2011 8:16 AM, Craig Sanders wrote:
> On Thu, Feb 10, 2011 at 09:34:01AM +1100, Richard Chirgwin wrote:
>> Me on the EIU report:
>>
>> http://www.theregister.co.uk/2011/02/09/eiu_says_nbn_too_expensive/
>>
>>> *Iain Morris:* It includes both the initial fibre network and the 
>>> current initiative (upgrade to 1Gbps). The current plan has US$1bn of 
>>> public funds versus about US$26bn of private funds; the earlier plan 
>>> also had similar splits between public- and private-sector funds.
> so it's not 24 times the price for 76 times the land area.
>
> it's roughly the same price for 76 times the land area (and 0.005%
> of the population density) - and the NBN price includes building the
> infrastructure almost from scratch, rather than just upgrading an
> existing network from 100Mbps to 1Gbps.
>
> the NBN's sounding like an absolute bargain compared to what Korea's
> spending and has already spent.
>From what I'm reading, they also have not excluded the costs of the wireless and
satellite portions of the NBN - comparing the entire fibre+wireless+satellite cost of
the NBN with a 90-something percent coverage fibre only network is yet another glaring
hole in the "study"

Fail.

P.