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$1Billion Opel Broadband Connect funding delay

Will this country ever get the Broadband infrastructure it so throughly requires without continuous delays? In another setback for major Australian Broadband development, the Federal Government has placed a 'freeze' on a Broadband Connect deal that it recently struck with Opel consortium (Optus/Elders). This latest hindrance has been brought about from direct legal action placed against Senator Coonan by Telstra. At the end of the day there's no doubting that the public ,namely the rural sector of which, will be disadvantaged by the legal proceedings.

Telstra began the legal action against the minister early this month after the Government awarded Opel $958 million to build a broadband network. The company alleges the Government did not follow proper procedures in selecting a bidder.

Opel consortium were due to sign the funding deed for Broadband Connect on Wednesday night, but pulled out after receiving advice from the Government's lawyers

Read the entire article at The Age.com.au

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