The federal government is unlikely to recoup the $31.9 billion injected into the National Broadband Network, even if the NBN Co is eventually privatised in the 2030s, a leading telco analyst says.
For the government to claw back any of its equity, a sale price would need to exceed NBN’s debt which currently stands at about $26 billion.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
