Australias consumer watchdog has suggested the federal government should consider liberating the NBN from its obligation to deliver profit for Treasury.
The Australian Competition and Consumer Commission released its draft report on the communications sector on Monday, with the national broadband network a major topic of discussion.
With the national network having to subsidise its roll out to unprofitable remote locations while keeping prices competitive in the city city and fighting off competition from mobile networks, NBN chief executive Bill Morrow started a public debate last week when he laid down an ultimatum to the government: protect it from competition or provide financial relief.
The ACCCs draft r…
Read the full article at: https://www.businessinsider.com.au/stop-forcing-the-nbn-to-make-a-profit-says-the-consumer-watchdog-2017-10