I don't think you understand how things work down here. - The current government will build this at a cost to the taxpayer of (say) $300m. - The next governmen

I don't think you understand how things work down here. - The current government will build this at a cost to the taxpayer of (say) $300m. - The next government will sell it for $100m to raise some cash and create an effective monopoly owned by one party with a verbal contract not to screw everyone over, at least not initially. - The government after that, under pressure due to the relentless screwing of NZers by the monopoly company, will buy back the network for $600m. - The new state-owned company will hire consultants for $50m to design a new logo. The logo will resemble a puppy shitting on a Rolex. - Due to ineffective management, the company will be split up into chunks and sold for a fraction of the original cost. The chunks will immediately merge into a monopoly.