NBN Co to limit spending in limbo period
Aug 24, 2010 2:42 PM
Affected vendors to be notified.
NBN Co has announced it would cut down on its spending until its future is determined by the forming of a Federal Government, post Saturday's hung election result.
The freeze on spending and procurement was first reported by the Sydney Morning Herald.
The company said in a statement that it would "continue to operate, plan and use existing resources but would seek to minimise any discretionary expenditure".
Cheers Don...
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