"It removes the flexibility that the current two companies, NBN and Telstra, has today. Morrow said NBN saw an uncertain amount of risk in the proposal, adding that it was "not going to jeopardise the taxpayer investment". If we see something that is neutral or potentially negative, we'll consider it, but if it turns out that we cannot be convinced there's value, or if again it has some risk to it, then we are not going to do it. And if we see an opportunity to create more value, we're quite interested in it. "NBN has a responsibility to our shareholders, which is virtually the citizens of Australia. "This is really something Telstra should be dealing with," Morrow said. NBN's responsibility is to the Australian taxpayers, and any decision that increases complexity and risk should be considered carefully, Morrow explained. Telstra's receipt monetisation would have reduced flexibilityĪlso during the Corporate Plan launch on Thursday, Morrow explained that NBN had knocked back Telstra's attempt to monetise certain receipts earlier this week because it would have removed flexibility without adding any value. NBN's new base case shows that 1.9 million, or 17 percent of premises, will be covered by FttP 4.6 million by FttN and FttB 1 million by FttC 3.1 million, or 27 percent, by HFC 0.6 million by fixed-wireless and 0.4 million by satellite. "NBN is currently reviewing the way the costs of this type of equipment is allocated and will review this quote as a part of that process." "The majority of this figure is related to the cost of equipment in the exchange that NBN may not otherwise have had to install," NBN explained. The highest figure provided in a quote for the switch from FttN to FttP under NBN's technology choice program was AU$149,937 for a single premises in Katoomba, New South Wales - with the quote declined by the applicant.
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