[LINK] Why the NBN business model is deeply flawed

[Nick Ross]

He's almost completely right.

Subscriptions justifying the build of the entire NBN? That's like judging
the Sydney Harbor Bridge as a business entity which generates profit
through tolls. Silly.

N

On 16 February 2012 08:06, Tom Worthington <tom.worthington at tomw.net.au>wrote:

> Paul Fletcher MP, will speak on "Why the NBN business model is deeply
> flawed ...?" at the Australian Computer Society meeting in Canberra, 12
> Noon 28 February 2012:
>
> https://www.acs.org.au/act/index.cfm?action=event&area=9002&temID=eventdetails&eveID=30224664535724
>
> ---
> ACS TSA Communication SIG
> Why the NBN business model is deeply flawed ...?
> Why it matters from a public policy perspective
>
> Paul will present the case that, as a standalone business model, the NBN
> is fundamentally flawed. It is far too costly – reflecting political
> decisions. Its take up assumptions are extremely unrealistic, and are
> unlikely to be met. This matters because taxpayers are paying; and if it
> is a commercial failure it will also be a public policy failure, with
> the likely result being collapse well before the build is complete.
> There is no cost benefit analysis to demonstrate that public benefits
> exceed the costs. Early signs confirm the view that the business case is
> flawed. The better approach for Government support of broadband is to
> focus on areas of broadband need, focus on ubiquitous services rather
> than the highest speeds, make the private sector the driver with
> government subsidies appropriately targeted where necessary, and to
> promote a funding model that is sustainable in the long term.
>
> Biography: Paul Fletcher MP, Member for Bradfield
>
> Paul Fletcher was first elected to the Federal Parliament as the Member
> for Bradfield at a by-election in December 2009 and was subsequently
> re-elected with an increased majority in August 2010. Prior to entering
> Parliament, Paul was the principal of a strategic consulting firm
> serving the communications sector and before that was Director,
> Corporate and Regulatory Affairs, at Optus for eight years. He is a
> well-known figure in communications policy in Australia and recently
> wrote a highly regarded book on broadband and telecommunications, Wired
> Brown Land. Paul previously worked as Senior Advisor, and then Chief of
> Staff to the Minister for Communications, Information Technology and the
> Arts, Senator Richard Alston, during the Howard Government. He has dual
> first class honours degrees in law and economics from The University of
> Sydney and an MBA from Columbia University in New York where he was a
> Fulbright Scholar.
>
> About this Event
>
> Date: Tuesday 28th February 2012
> Time: 12:00pm for 12:15pm start finish 1:45pm
> Register On-line:
>
> https://ibs.acs.org.au/events/event/EventRegister.aspx?operatedById=9002&eveID=30224664535724&id=
> ---
>
> --
> Tom Worthington FACS CP, TomW Communications Pty Ltd. t: 0419496150
> PO Box 13, Belconnen ACT 2617, Australia  http://www.tomw.net.au
> Liability limited by a scheme approved under Professional Standards
> Legislation
>
> Adjunct Senior Lecturer, Research School of Computer Science,
> Australian National University http://cs.anu.edu.au/courses/COMP7310/
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