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NBN Co posts record $2.4 billion loss for first half
NBN Co has reported a record loss for both a quarter and a half-year, with the company losing $1.13 billion for the three months October to December 2017 and running up a $2.4 billion loss for the first six months of financial year 2018.
No changes to HFC in NBN rollout plan, says Morrow
Despite the fact that a number of suburbs which were marked down to get the national broadband network via HFC cable have had a quiet change of technology, NBN Co head honcho Bill Morrow says that there is no change in the HFC rollout.
Expect another $450m cost blowout due to HFC: Labor
Based on the half-yearly results announced on Monday, the NBN Co is looking at a further cost blowout of $450 million on the HFC network, the Australian Labor Party claims.
Cohda launches China office in Shanghai
Adelaide-based connected Autonomous Vehicle (CAV) technology company Cohda Wireless has opened an office in Shanghai aimed at supplying China’s rapidly developing markets for Smart Cities and autonomous cars.
Singtel, Ericsson first with 1Gbps speeds on quad-band FDD/TDD carrier aggregation network
Singtel claims to have achieved the world’s first 1Gbps mobile peak speed on Ericsson’s quad-band FDD/TDD Carrier Aggregation technology.