Should NBN be sold? NO!!
Privatising the telecommunications infrastructure was a betrayal. One for which John Howard should be brought to account. Paul Keating started privatising Telstra, but it was Howard who took it to a ruinous extreme and threw the infrastructure into the pot.
What should we do?
Return infrastructure to public ownership.
Separate Telstra into retail and wholesale/infrastructure arms. The best mechanism I’ve been able to come up with takes the form of a de-merger. Telstra is split into two companies, with shareholders given shares in each proportional to their current Telstra shareholding. Government then acquires all shares in the wholesale/infrastructure company, at value.
Return radio frequency spectrum to public control. The easiest way would probably be to not renew spectrum licences as they expire. Associated assets of providers other than Telstra could be acquired at value, where economically and operationally rational.
Establish a statutory Commission to provide telecommunications infrastructure and wholesale services. Vest in the Commission all infrastructure and wholesale assets formerly held by Telstra and nbn™.
http://david.boxall.id.au/201604/
