NBN Co. board members resign amid cost overruns, delays
Australia's National Broadband Network is going through a housecleaning as six of the seven board members tendered their resignations to Communications Minister Malcolm Turnbull.
Siobhan McKenna, the chairwoman of NBN Co. resigned along with several other board members, but the government has yet to accept them, reports ABC News.
Only one member, Kerry Schott, the former managing director and CEO of Sydney Water, is expected to keep her board post.
A report emerged earlier this month that Telstra's former CEO Ziggy Switkowski could be tapped to replace Mike Quigley as the leader of NBN Co.
Turnbull has been one of the NBN Co.'s major critics. His Coalition party has also proposed to change the design of the NBN network from fiber to the home (FTTH) to a hybrid fiber/copper fiber to the node (FTTN) model.
Despite its potential, the NBN has faced a number of challenges throughout the past year. In March, the network's buildout fell 10 weeks behind schedule due to what it said was a lack of qualified workers and an "ambitious" target.
While it was able to meet its revised end-of-year target of 190,000 to 220,000 homes passed, a key wholesale customer is threatening to abandon the NBN over its prices.
- ABC News has this article
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