Newsletter

NBN Co records $4.1b loss for full-year 2018 NBN Co has recorded a loss of $4.1 billion for the full-year 2018, according to results announced on Thursday. This is less than the loss of $4.24 billion for the full-year 2017, but much more than the $2.75 billion loss the company posted for the full-year 2016.

16th August 2018

Newsletter

Labor seeks ANAO audit of NBN Co corporate plan The Australian Labor Party has written to the Australian National Audit Office seeking an independent assessment of key assumptions underlying the medium- and long-term financial projections of the NBN Co.

27th July 2018

Newsletter

NBN Co losses for year mount to $3.3b as users rise to 3.7m NBN Co has recorded a loss of $3.3 billion in the nine months to March 2018, the third quarter of the current financial year. This compares to a loss of $2.7 billion for the nine months of the previous financial year.

10th May 2018

Newsletter

NBN Co says one million have upgraded to faster NBN speeds in last four months NBN Co has reported the number of Australian homes and business connected to higher speed NBN plans "has more than doubled with new figures revealing more than one million people have upgraded their Internet speeds in the last four months."

16th April 2018

Newsletter

NBN Co says one million have upgraded to faster NBN speeds in last four months NBN Co has reported the number of Australian homes and business connected to higher speed NBN plans "has more than doubled with new figures revealing more than one million people have upgraded their Internet speeds in the last four months."

16th April 2018

Newsletter

THERE WAS NO EDITION OF COMMSWIRE THURSDAY NBN Co plans to use G.fast technology for rollout in 2018 NBN Co, the company rolling out Australia's national broadband network, says it will be adding G.fast technology to its technology mix next year, to enable faster speeds over copper wires.

27th October 2017

Newsletter

NBN Co doubles revenue to $1 billion as rollout passes halfway mark Criticisms and public and industry disquiet about the National Broadband Network aside, NBN Co CEO Bill Morrow has given an upbeat assessment on the broadband rollout on the back of revenue more than doubling from $421 million to $1 billion for the 12 months to the end of June - against the 2017 corporate plan target of $900 million.

16th August 2017

Newsletter

Cormann rejects write-down advice on NBN from Slattery COMMENT: Finance Minister Mathias Cormann has rejected advice from telco veteran Bevan Slattery who has suggested that the government write down most of its investment in the national broadband network and lower access prices.

19th April 2017