What is NBNco?

National Broadband Network 101

The National Broadband Network Company (NBN Co) is a company established by the Government to operate the NBN network. The company will operate on a wholesale-only, open access basis and is overseen by the Australian Competition and Consumer Commission (ACCC). The Government's initial investment in the company will be funded through the existing Building Australia Fund and the proposed issuance of Aussie Infrastructure Bonds.

Initially, the Government will be the majority shareholder in NBN Co, with the private sector being able to invest up to 49 per cent in equity (cash or asset contributions). The intention is to draw on private sector capacity and expertise, but restrict private ownership to protect the Government's objective of operating a wholesale open-access network. The Government estimates that it will begin selling its share in NBN Co within five years once the network is built and fully operational, subject to market conditions and identity security considerations.

Join the Computerworld Australia group on Linkedin. The group is open to IT Directors, IT Managers, Infrastructure Managers, Network Managers, Security Managers, Communications Managers.

More about: ACCC, Australian Competition and Consumer Commission, etwork, Network 10
Comments are now closed.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: NBN 101
Whitepapers
All whitepapers

U.S. commercial drone industry struggles to take off

READ THIS ARTICLE
DO NOT SHOW THIS BOX AGAIN [ x ]
Sign up now to get free exclusive access to reports, research and invitation only events.

Computerworld newsletter

Join the most dedicated community for IT managers, leaders and professionals in Australia