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News and updates on the Government's upcoming $4.7 billion National Broadband Network project. Stay up-to-date with procedings for the new Fibre to the Node High Speed Broadband Network featuring Telstra, Axia NetMedia, Acacia and TERRiA along with new developments, updates, rollout plans, upgrades and other relevant information.


Acacia joins race for National Broadband Network bid

Unveiled: Another consortium who coughed up the $5 million bond prescribed by the government and one that's been keeping a very low profile until now, has publicly raised it's hand in the battle for the upcoming national broadband network bid.

"Acacia", made up of prominent Melbourne businesses which include Doug Shears, Leon Kempler and Solomon Lew, says that their bid will alleviate government concerns by making the NBN open and competitive. The key factor residing in Acacia's proposal apparently suggests the network will ultimately be returned to public control (similar to the CityLink project after X amount of years), or possibly a similar role to that of Telstra's which it had once upon a time ago.

There's a "them and us" tussle going on at the top of Australia's IT industry over Telstra's power. The Acacia plans is proposing to return the new, improved part of the network to public hands, or the position Telstra once held. This could be along the lines o, say, Melbourne's CityLink road project, where fees gained over a two-year to 25-year period more than repay the original investment, plus making a tidy profit, before it reverts to public hands.

 

source: misaustralia.com

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