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Australian Executive Slams High Cost Estimates for National Broadband Network

WASHINGTON, June 30, 2010 – In a statement released today, Australia’s National Broadband Network (NBN) Co-Chief Executive Mike Quigley called recent estimates of the network’s startup cost “nonsense.” While most mainstream estimates of the cost to build Australia’s new network range from $43 billion to $60 billion, Quigley insisted that the actual cost of the network would run closer to $30 billion. Keep Reading

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