Re: Is this is a trick?
This submission makes it pretty obvious why there is almost nothing spent on communications infrastructure in this country.
The HFC cables were strung out by Optus and Telstra respectively in order to provide a cable TV service.
Unlike the copper cables inherited (bought) by Telstra, there was no existing plant to leverage off. The two carriers paid for teh infrastructure, lock, stock and barrel from their own resources.
Yet here we have a 3rd party DEMANDING that they be given access to this infrastructure, paid for by the shareholders of Telsra and Optus, for next to nothing.
Now do you understand why no private company has rolled out modern broadband service that would require investment in new plant? Our regulatory system denies any company that did so any possibility of recovering their investment costs let alone making a commercial return on the investment.
Would YOU build a 100 room apartment block if the moment it was finished you had to rent out most of the rooms to homeless people for the cost of cleaning (maintenance)?
All great from a public good perspective but teh bank might be just a little concerned about how you are going to repay the loan.