the government and debt equity will be fully repaid including accrued interest by FY2040. Following the election of the Abbott government, NBN Co reassessed financial forecasts and progress of the NBN roll-out and published a strategic review in December 2013. In response to what the Abbott/Turnbull governments stated to be excessive performance specifications and costs they moved from a model which previously focused on FTTP (fibre to the premises) to a multi-technology mix model using FTTx, including FTTP, FTTN (fibre to the node), FTTB (fibre to the building or basement) and most recently FTTdp (fibre to the distribution point); and HFC (hybrid fibre coaxial) in metropolitan areas. Regional and remote areas were mainly unchanged as a result of the strategic review and typically receive a service using either fixed wireless, using LTE technology, or satellite. The NBN network, at 2022, draws together wired communication (copper, optical and hybrid fibre-coaxial) and radio communication (satellite and fixed wireless networks) at 121 points of interconnect typically located in Telstra owned telephone exchanges throughout Australia. It also sells access for mobile telecommunication backhaul to mobile telecommunications providers. NBN Co has stated that there is no significant demand for wired connections above 25 Mbit/s and consideration of upgrading the network will not be undertaken until demand for high-bandwidth services is proven. In August 2019, Stephen Rue (CEO), announced the completion of the $51 billion National Broadband Network by June 2020.... However, some service areas were still being rolled out in late 2020/2021 with FTTP to FTTN/FTTC premises. Corporate structure Below is the management structure of NBN Co at 30 September 2022 Board Kate McKenzie – Chair Stephen Rue - Managing Director & Chief Executive Officer from 18 September 2018 (Chief Financial Officer from July 2014 until appointment as MD) Drew Clarke – Non-executive director (from 22 August 2017 for a three-year term) Pam Bains – Non-executive director Nerida Caesar – Non-executive director Michael Malone - Non-executive director (from 20 April 2016) Andrew Dix – Non-executive director Nicole Lockwood – Non-executive director Elisha Parker – Non-executive director Former directors Bill Morrow – Managing Director & Chief Executive Officer to 18 September 2018 Mike Quigley – Interim Chairman and a director of NBN Co 24 July 2009 – 15 March 2010, Director 15 March 2010 – 3 October 2013. Simon Hackett – Non-executive director Alison Lansley – Non-executive director Shirley In't Veld – Non-executive director Zoe McKenzie