That's total capital expenditure, not just software development....

That's total capital expenditure, not just software development.

A lot of pessimism and criticism on these forums from impatient individuals wanting more returns and growth without understanding that it often takes more capital investment to get that. Blind Freddy can understand that a premium broadband provider like Aussie may struggle as cost of living pressures continue to rise. It makes complete sense for Aussie to provide a value-tier offering utilising most of their existing established infrastructure. Most of the investment is going to be in marketing their new value brand. Money well spent I'd say. Buying superloop was their first attempt and worth it for the price they were offering, but no doubt this was the plan all along to get a value brand to compliment Aussie Broadband.