While it awaits the report from the NBN cost-benefit analysis and review of regulation, the Federal Government has released a new Statement of Expectations to NBN Co, outlining its plans for a multi-technology rollout.
Minister for Communications Malcolm Turnbull and Finance Minister Mathias Cormann issued the new statement (which can be viewed here) to NBN Co Chairman Ziggy Switkowski on April 8, directing the company to roll-out a wholesale-only multi-technology mix network.
NBN Co may chose the technology used in each area within the constraints of a public equity capital limit of $29.5 billion. The rollout must provide a download speed of at least 25 megabits per second to all premises and 50 megabits per second to 90% of premises as soon as possible.
The document states that when the findings of the forthcoming cost-benefit analysis are released, the Federal Government will consider its recommendations and release another amended Statement of Expectations.