Malcolm has “stuffed it” on NBN

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From Domainfax and broadband startup MyRepublic co-founder Malcolm Rodrigues:

“We’ve kind of re-engineered the economics of telcos and this is what David Thodey was talking about,” he said. “We’re going to come in with an unlimited 100 megabit per second offer at the $80-$90 per month range.

…Mr Rodrigues said he “loved the NBN” but that it had lost its way by moving onto fibre-to-the-node technology, which partly relies on slower copper phone lines to cut costs and save time. His company benefits from networks that operate on one foundation technology.

The Coalition ordered the change after Labor’s NBN rollout hit major construction problems and delays. But Mr Rodrigues claimed FTTN reliance on copper would see it deliver slower speeds than promised – a claim the government strongly denies.

…”I don’t know what [the government] is doing on the other policy fronts but on this they’ve completely stuffed it,” he said. “More and more Australians will leave the country looking for jobs and you’ll continue to be a resource based economy – the hope of building IT jobs and a digital economy will kind of be more difficult to achieve.

I know Mr Rodrigues is talking his book and I’m no tech head but it does seem to me pretty stupid to change horses halfway through construction to deliver a sub-standard network, especially when the NBN dominates public investment for years to come as the economy slides:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.