Australia's Terria loses second member

The Terria consortium has been dealt another blow, with a second member resigning from the consortium on Friday.

TPG-Soul has pulled out of the consortium just weeks before the deadline for bids on building Australia's National Broadband Network (NBN), and just over a week since the withdrawal of former member AAPT.

The Optus led Terria consortium now has just five other members - the ISPs Internode, iiNet, Macquarie Telecom, Primus and TransACT.

iiNet managing director Michael Malone has confirmed the company's intentions to stay with the consortium to The Australian, but complained that the NBN bidding process has been corrupt.

'The government is just pissing money up against the wall with this project because it failed to define the rules of the bidding process,' he told The Australian.

Terria has again stated that this latest resignation will not affect the consortium's bid.

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