What happened to nbn satellite offer

Just read article from March where newsat offered to buy the two satellites for the nbn from the govt in rival offer to Optus. Does anyone know what happened to that...
news Pure play satellite company NewSat has made an offer to the buy the National Broadband Network Company’s two satellites before they are even launched, as speculation continues to swirl around the potential privatisation of chunks of NBN Co’s infrastructure under the new Coalition Federal Government. NBN Co is currently building two major, brand new satellites with the assistance of Space Systems/Loral under a contract worth some $620 million. The company plans to launch the satellites in 2015 to provide high-speed broadband coverage to about three per cent of premises that fall outside the reach of the NBN’s planned fixed-line and fixed-wireless services. The locations include outback areas and Australia’s external territories such as Norfolk Island, Christmas Island, Macquarie Island and the Cocos Islands. NBN Co’s contract forms part of a total investment of approximately $2 billion required to deliver the NBN Long Term Satellite Service (LTSS). Under the terms of the contract, SS/L will also provide associated telemetry, tracking and command systems for NBN Co’s LTSS. NBN Co also signed a separate contract with Optus in February this year for the company to provide tracking, telemetry and control services to the satellites. The launch of the satellites is widely anticipated in Australia’s rural communities. Currently, many residents and businesses in those communities are being served by either existing satellite services from other companies, or through NBN Co’s existing satellite services, which it operates through renting capacity on existing Optus satellites. However, the interim NBN satellite service has already reached its capacity cap of 48,000-odd customers, meaning many other rural customers will need to wait until 2015 to get upgraded services. Simultaneously, while development of its satellite services goes on, NBN Co is also conducting a review of the future of the satellite and fixed wireless portions of its planned network. Yesterday, Sydney Morning Herald journalist Malcolm Maiden reported that new NBN Co chief executive Bill Morrow would seek to sell the networks to the private sector as soon as possible. In a submission to the Federal Government’s Panel of Experts conducting a cost/benefit analysis of broadband and associated regulation (the Vertigan Review), published this week, existing satellite player NewSat made a bald offer to buy the infrastructure (PDF).