11 November 2006

Stand by - GRAP fibre deal: more information, less filling

For those following the recent government decision to investment $15 million in a fibreoptic cable deal with three private sector companies, some recent public comments by the business minister, his development colleague and the companies involved have changed dramatically the amount of information in the public domain on the original announcement.

Things have changed and comments in earlier posts will have to be amended as a result.

For example, we now have a better perspective on the scope and cost of the project. We also have a much better idea of what government is getting and not getting from the deal.

We can also see just exactly how far government has strayed from its own stated intentions only last year.

Stand-by. Bond Papers will offer a more detailed commentary - including a summary of the information as it currently stands - over the next 24 hours.