"And this is on top of the $1000 broadband set-top box that needs to be installed where the cable enters the home and only has a shelf life of three to four years before having to be upgraded."
I always wondered why the termination of the fibre in the home was never mentioned. There's your answer.
Also, there are many homes where it is impossible to run a fibre into without ripping up large amounts of concrete with a jackhammer. Coax and other cables have been layed during the building process and get concreted and built over.
If you want evidence for this state of affairs you only have to look at the Optus system. Some streets don't have it at all, and each house needs to be inspected before installation. Anything too hard they don't bother with. If you notice when you go to sign up first step is to check whether it's available in your area. So how is the NBN intending to install to these ares and homes that Optus gives up on? It's beyond ridiculous.
TLS Price at posting:
$3.16 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)