In looking at the cost of the NBN, much of the attention focuses on the price tag of $37 billion (or even, if you want to take the higher, $50 billion). This is often described as "too expensive" either in terms of Australia's economy, or within the telecommunications industry.
So let's compare apples with apples and look at how much the local telecommunications industry has spent on on their networks: Telstra has spent so much money improving its network over the past decade that it could have paid for the entire NBN. Optus isn't far behind. If you think the NBN is expensive: compared to what?
More here: So you think the NBN is expensive? (Australian Broadcasting Corporation)
So let's compare apples with apples and look at how much the local telecommunications industry has spent on on their networks: Telstra has spent so much money improving its network over the past decade that it could have paid for the entire NBN. Optus isn't far behind. If you think the NBN is expensive: compared to what?
More here: So you think the NBN is expensive? (Australian Broadcasting Corporation)
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