telco chiefs hit out at nbn

A group of telecommunications executives has hit out at Labor's proposed $43 billion national broadband network (NBN), throwing their weight behind a broadband plan similar to the coalition's.

The Alliance for Affordable Broadband, consisting of the heads of seven Australian telcos, said the government's argument for a universal fibre-only network, which would deliver speeds of up to 1 gigabit per second, "has failed to convince".

"We see the greatest priority is giving broadband to those who don't have any, not faster broadband to those that have,"...

...would cost around $3 billion and could be built within three years...
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Full article here :
http://www.businessspectator.com.au/bs.nsf/Article/Telco-chiefs-hit-out-at-NBN-pd20100901-8ULRH?OpenDocument&src=hp5&src=amm