SLIM RETURNS ON BROADBAND NETWORK
The National Broadband Network is at risk of never making a profit because of competition from mobile networks, the company's chief executive Bill Morrow has told Fairfax papers. The company is required to eventually turn a profit and repay government loans, though Morrow predicts the government will either have to regulate to the company's advantage or put more money into the scheme.
"We collect about $43 per month from retail service providers for each home they sell into. In order to recover costs we need $52," he said.