Major failure
Let's get this clear:
"NBN users are data-hungry beasts...NBN customers, the outfit claims, use between 62 and 75 GB per month" and "which is well ahead of consumption on any of Australia's other broadband networks"
...That's not data hungry. Data hungry is 500GB per month on ADSL. Or try downloading over 4GB through a 56kbps dial-up connection. If I gave somebody a 25Mbps connection and they only downloaded 62GB, I would take it away again. They obviously aren't serious enough.
"210,000 connected customers" This is probably meant to be an admission that most of the people don't need the extra speed. That's why they aren't signing up. Let's see... one million premises passed, only 210,000 take it up - that's approximately 20%.
"its asset base also grew in that time on the basis of rising capex."
- What this means is that NBN is sitting on top of a giganitic asset worth tens of billions and only earning $50m. What was the return on investment? This company desperately needs to be auditted.
"The network claims a $AU37 average revenue per user (ARPU)."
- ahh, now I see why it is such a loss-making endeavour. Why don't they try billing their customers the real cost of providing a gold-plated service?
We spent tens of billions on this monumental failure. It's time to pull the pin.