Is this a joke ??They are 1 million short on revenue, so,...

  1. 2,131 Posts.


    Is this a joke ??

    They are 1 million short on revenue, so, clearly, people are taking up the service.....!

    http://www.canberratimes.com.au/technology/technology-news/rollout-delays-decimate-nbns-forecast-earnings-20131029-2we8p.html

    Meanwhile, the annual report completed on August 27 reveals NBN Co earned revenues of $17 million for 2012-13. This was up from $2 million in 2011-12 but far less than the previous government was expecting it to be earning by now.

    In 2010, NBN Co forecast it would earn revenues of $160 million in 2012-13,

    No matter how you spin it, the dream is over.
 
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