This doesn’t even get close to passing a pub test. The government can’t compulsorily acquire the business (except on “just terms”), but instead Telstra and Optus just voluntarily handed over something the government wanted, for $0? There would have been a shareholder revolt.
NBN paid for the businesses, lock, stock and barrel, regardless of whether we say it’s $11bn for “loss of revenue”, or $5.5bn for “loss of revenue” and $5.5bn for “infrastructure”. Then we made the mistake of using it. From: [email protected] [mailto:[email protected]] On Behalf Of David Connors Sent: Saturday, 6 January 2018 1:30 AM To: ozDotNet <[email protected]> Subject: Re: [OT] Internet use on 4G LTE On Fri., 5 Jan. 2018, 8:51 pm Ken Schaefer, <[email protected]<mailto:[email protected]>> wrote: Are you being deliberately obtuse? In 2011 (per you link), NBN was going to be fibre-to-the-premise. There was no technical need to buy any HFC or copper, and as you say, compensation was for destroying an existing business model. That's right however when the second definitive agreement was negotiated the $11bln price stated the same, hence the price of the HFC and CAN were $0. David
