NBN company established, looks for CEO

NBN company established, looks for CEO

Summary: The Federal Government has established the state-owned company that will build and administer the National Broadband Network and will soon announce the appointment of search firm to find its chief executive and board.

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update The Federal Government has established the state-owned company that will build and administer the National Broadband Network and will soon announce the appointment of search firm to find its chief executive and board.

Communications Minister Stephen Conroy detailed the moves at a Press Club speech held in Canberra this afternoon.

Questioned by journalists whether the new chief executive would be paid similar remuneration to Telstra CEOs, Conroy said no, because the environment had changed substantially, but that they would receive "reasonable remuneration".

The Government had already fielded "enormous interest" in the NBN CEO position, Conroy said, and it would be announcing something with respect to the position "in the coming weeks or months".

Conroy named the NBN company as the "National Broadband Network Company" in notes distributed following the speech, but searches of the Australian Securities and Investments Commission and Australian Business Register web sites have not yielded any details of its registration so far.

The minister noted that the first NBN legislation would be introduced in winter parliamentary sittings, including a bill to require greenfield (new) property developments to use fibre to the premises technology from 1 July 2010 and for the Government to acquire network information needed to assist in the design of the NBN.

The news comes as the Government on Friday kicked off its search for a lead adviser to deliver the nine-month implementation study that will map out the future of the $43 billion project.

The winning bidder is to start delivering services from the week commencing 6 July, with interim portions of the implementation study report to be delivered as early as from August this year.

Topics: NBN, Broadband, Government AU

Suzanne Tindal

About Suzanne Tindal

Suzanne Tindal cut her teeth at ZDNet.com.au as the site's telecommunications reporter, a role that saw her break some of the biggest stories associated with the National Broadband Network process. She then turned her attention to all matters in government and corporate ICT circles. Now she's taking on the whole gamut as news editor for the site.

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7 comments
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  • unbelievable

    this is so typical of the government, spending millions searching for a solution when its sitting right in front of them, why bother fielding calls for CEO's and ending up with a bunch of duds when we want someone with tenacity, excellent future vision, in touch with workers, a CEO of epic proportions who can put a smiling face on any corporation he directs, I am of course refferring to Sol Truillijo, Australia was so lucky to have a man of that calibre directing its PSTN monopoly, i beleive that we should have him charge of the next Gen monopoly to!!!
    anonymous
  • Hmmm

    I can't tell if you're trolling or being serious.
    anonymous
  • rumours of apocalypse

    ive heard a rumour that ZIGGY will be doing this job.

    God help us all
    anonymous
  • yes, Sol Trujillo is stupid. and so are you...

    Sol Trujillo is a stupid yank. how bout we pay Australians to do an Australian job. Aint it funny how he leaves many months before his contract ends while Telstra is going to even more shit. ba, that guy couldn't run a cracker factory.
    anonymous
  • Paul Twomey is a shoe-in

    Retiring from CEO position at ICANN in June, former head of Austrade and NOIE...
    anonymous
  • I'll have what he's having

    I love it. Bradley Lawrence - more predictable than the tides or the sun rising.
    anonymous
  • Geoff Huston?

    Ex telstra but experienced and credible.
    anonymous