NBN Update No.5 - NBN Co Corporate Plan Released

The NBN Co Corporate Plan 2011-2013 (Corporate Plan) was released on 20 December 2010. The Corporate Plan details financial and operational information regarding the NBN. Key features of the Corporate Plan include:

• 120 points of interconnect (recently revised to 121 after consultation with the Australian Competition and Consumer Commission).
• Internal rate of return of 7 per cent over the life of the project (30 years).
• A uniform national wholesale access price starting at $24 per month with a basic service download speed of 12 Mbps and 1 Mbps upload rising to $150 per month for a 1 Gbps download speed and 400 Mbps upload.
• Total funding requirement of $40.9 billion, with capital expenditure over a 9 and a half year construction period estimated at $35.9 billion. Initial funding is to come from the government contributing equity of $27.5 billion and other funding expected to come from operational earnings and private debt.