ninety billion dollar disaster.

But is this just a way of saying that the cost blowout and the time blowout has increased so much that its hard to quantify or even impossible to rollout? The Libs will possibly can this in September. But they can't say that until they see the books of NBN Co.

Watch Conroys performance on Lateline last night. No wonder he wanted to set up a committee to ensure diversity of opinion in our media. People were beginning to believe that his department can't achieve what they set out to do.

With uptake of 220,000 people by June there is every chance of the rollout being canned before it meets its first hurdle in the agreement with TLS. Meaning TLS gets $500m instead of $11 bn.

The question is, can TLS find a way to replace this by utilising its current market share to sell data and replace the revenue which its dividend is based on? I think Thodey is doing an excellent job, but these challenges are mammoth.