"..It is perhaps surprising that Quigley would contemplate the NBN acquiring its own satellite (a slot is an orbital location for a geostationary satellite and these are a limited resource administered by the International Telecommunication Union).."
"..In subsequent questioning Quigley admitted that the NBN Co owning its own satellite was not a decision that would be taken lightly, saying..."There are long lead times and big costs assocviated with satellite services...Three years lead time and somewhere between half a billion and 800 million [dollars] in terms of putting a platform up."
-- When he said that he also thought 12mbs could not be done (the Optus line) but since they have had a megga demo with Newsat..
http://www.itwire.com/content/view/27798/1231/
TG
NWT Price at posting:
20.0¢ Sentiment: ST Buy Disclosure: Held
