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Never far from controversy, NBN could face $20bn write-down

Australian consumers and businesses have had to endure the trials and tribulations of the country’s national broadband network (NBN) now for over a decade – an ambitious fiber network roll out which promised to propel the country into the big leagues. Billions of dollars and all manner of mishaps later, the project has passed the point of sour and the latest mark against the NBN’s name is contentious package shakeup proposal. In the same breath, Australian telco Telstra conveniently claims it has the solution. The wholesale access debacle that is the NBN – not exactly known for its track record of bright ideas – has now suggested scrapping the package offering speeds of 100 Mbps down, 40 Mbps up, instead…

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