Rudd's $ 43bn fast web gamble The global recession has forced Kevin Rudd to scrap plans for a high - speed national broadband network funded by the private sector and wager at least $ 21.9 billion of taxpayers» money to fund his election pledge to bring internet speeds into the 21st century. (businessnews.com.au)
Things aren't much better in the U.S., where an op - ed on Forbes proclaimed that Google's Fiber experiment in Kansas City can't be used to justify a similar national broadband network. (canadianbusiness.com)
ALMOST all of the failed bidders are pleased with the federal government's surprise decision to set up a company that will build a high - speed national broadband network (NBN), with criticism coming from one failed NBN bidder. (businessnews.com.au)