[AusNOG] News: Minister Conroy contemplating Government-Funded undersea cable?

[Peter Betyounan]

What is there to discuss? Do you honestly think NBN/Telstra are going to
cut their huge profits just to satisfy the market, they have shareholders
to answer to & $40b to repay,  why would they?





*From:* ausnog-bounces at lists.ausnog.net [mailto:
ausnog-bounces at lists.ausnog.net] *On Behalf Of *Sean K. Finn
*Sent:* Friday, 28 September 2012 11:42 AM
*To:* 'ausnog at lists.ausnog.net'
*Subject:* [AusNOG] News: Minister Conroy contemplating Government-Funded
undersea cable?



*
http://www.itnews.com.au/News/317202,conroy-mulls-government-funded-subsea-fibre-link.aspx
*

* *

*Threatens 'unfettered power' to drive down prices.*

Communications minister Stephen Conroy has threatened to fund a new
submarine link between Australia and the US out of the National Broadband
Network budget if international pricing does not fall to reasonable levels.



Discuss!
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