The new NBN rollout is all about speed, and how to get the most out of it.
And there’s plenty to learn.
In this series, we’re taking a look at the latest and greatest news about the NBN, and why the government’s NBN rollout has been such a success.
This is Part 1 of a series.
Part 2: The NBN rollout that won’t work Part 3: Why we love the NBN and how we love it in Australia Part 4: How the NBN is a huge success and what we need to know next.
This week, we’ll be diving into the latest NBN news: The cost of the rollout: The cost of NBN construction is rising.
The price of the first rollout of the network: The Government’s NBN cost is about $100 billion.
How long the NBN rollout will take: In the past, we’ve seen NBN rollout take between five and seven years, but NBN Co has estimated that the rollout will be completed by March 2020.
What the Government is doing to prepare for the rollout.
Who is making sure the NBN gets its full value: Since it was introduced, the NBN has been under intense scrutiny.
It was also under intense pressure from the Federal Government.
But the Government has done everything in its power to ensure that the NBN will be delivered on time, on budget, and on budgeting.
And it’s all thanks to the hard work of the Government’s own NBN team.
So how much will the Government be paying?
The Government is paying $1.5 billion a year to NBN Co. That’s a very generous rate of return on investment.
The average cost of a similar NBN project in the United States is $1 billion.
That’s a cost of about $7.5bn per year.
With that kind of investment, the Government could have easily paid $10 billion a project, or $25 billion per project.
NBN Co. is paid $20 billion a month for its NBN contract.
This is a return on invested capital.
We’ll see how much the Government will be paying NBN Co for the NBN when it officially launches.
But, right now, it’s the Government that is making the decision.
Which is a shame.
Why we love NBN Co: Nbn Co. has been the architect of the new NBN.
Since its inception, NBN Co’s job has been to make sure that the network is as robust and reliable as possible.
Every time you go to the NBN’s website, you get to experience the new fibre optic infrastructure.
For example, in February 2020, the company was asked to develop a new model of NBN cable that was more than 25 times faster than the existing model.
The new cable was designed to support up to 1.2 million premises per second (Mbps) of data transfer.
If you’re an Australian, you’ll be able to see this on your broadband connection.
A new NBN cable.
(AAP: ABC News) If NBN Co can deliver that fast, then the new network will be capable of handling a lot more data.
And if you’ve got an NBN modem or router, it will support a lot of different applications, including online games.
When NBN Co started, the new model wasn’t very reliable.
In June 2020, NBN co was told that it had “oversold” its own network.
The company then decided to redesign the NBN to provide the best possible performance.
“This redesign was done to deliver the best network for NBN Co to deliver on the promise of NBN Co being able to deliver a ‘world class’ network,” NBN Co said in a statement.
Fast forward to March 2021.
After more than six years of work, NBN was finally able to complete the redesign of the fibre optic network.
This meant that NBN Co was able to provide up to 50% faster speeds than the previous design.
Now, if the Government had paid NBN Co a reasonable rate of interest, it might have been able to get a similar rate of returns on investment from the NBN.
But because NBN Co is paid by the Government, it can’t get that return.
Instead, NBN has paid a hefty premium to get NBN Co back on track.
An NBN Co spokesman said that “the government has taken the decision to increase its investment from a reasonable interest rate of 3.5% to 6.5%, which will enable NBN Co and NBN Co staff to continue to deliver and improve the NBN.”
Nakedly, the government is paying NBN a premium to build its network.
But this is only possible because NBN is so good at delivering.
Where will the NBN be in 2019?
After almost four years of NBN rollout, the rollout has finally arrived.
And it’s going to take a while for the new infrastructure to really take off.
There are two major things