Malcolm Turnbull’s singular achievement on the Abbott frontbench was the pulling apart of the National Broadband Network, and like Dr Frankenstein, putting together various bits and pieces to create a network monster.
The result is about to come into sharp focus as a potentially major election issue.
News Corporation, the NBN’s leading critic and 50 per cent owner of Australia’s monopoly pay TV business Foxtel, last week began a fresh and pre-emptive assault on any initiative by Labor to present the electorate with any plan to improve network speeds (in The Weekend Australian on May 7).
News’ problem has long been that Foxtel is locked into an extremely expensive contract with Telstra to use its ageing HFC network until 2020.
The company is using its influence to try to delay the roll out of universal high-speed broadband in order to cruel growing competition from watch-when-you-want streaming services like Netflix to its (generally awful) legacy curated channels.
Even Telstra wants to get out of the joint-venture, as the company now finds that it is competing with itself.
Sourced through Scoop.it from: www.innovationaus.com