0
Broadband

NBN Co's quarterly revenue jumps 22%, turns to positive EBITDA

Monday 9 November 2020 | 08:23 CET | News
NBN Co, the company building and operating Australia's broadband access network, posted total revenue of AUD 1.07 billion for its first quarter of FY2021 ended 30 September 2020, which represents an increase of 22 percent year-on-year. The operator turned to positive EBITDA of AUD 102 million from an EBITDA loss of AUD 435 million in the year-earlier period.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: NBN Co / Optus / Telstra
Countries: Australia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Optus' half-year revenues fall 9% amid COVID-19 pandemic

Published 17 Nov 2020 09:53 CET | Australia
Australian operator Optus posted operating revenues of AUD 4.06 billion for the half-year ended 30 September 2020, which ...

Telstra to return to EBITDA growth by FY22, ROIC target updated to 8% by FY23

Published 12 Nov 2020 12:31 CET | Australia
Telstra has reconfirmed its FY21 guidance provided in August. The NBN rollout is complete and Telstra reports it is more than ...

Australia tops 5 million consumers on higher speed broadband

Published 12 Nov 2020 07:55 CET | Australia
The number of higher speed broadband services in Australia exceeded 5 million for the first time, jumping from 4.9 million to ...

Optus to power Sydney Children's Hospitals Network telehealth services

Published 10 Nov 2020 10:26 CET | Australia
Australian operator Optus has signed a partnership agreement with Sydney Children's Hospitals Foundation. Optus' Donate Your Data ...

Australia improves NBN wholesale arrangements

Published 04 Nov 2020 09:02 CET | Australia
The Australian Competition and Consumer Commission (ACCC) has announced that NBN Co has agreed to implement pricing and service ...

NBN Co adds 100,000 premises to fibre footprint, continues HFC upgrade

Published 27 Oct 2020 15:22 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, has announced it is starting work this week to ...

NBN Co launches Focus on Fast inventive campaign for internet retailers

Published 22 Oct 2020 08:48 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, NBN Co has started a campaign featuring new ...

NBN Co completes initial build, starts next phase of network investment

Published 24 Sep 2020 11:34 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, has released its Corporate Plan 2021. NBN Co ...

NBN Co to invest AUD 700 mln in next 3 years to support business customers

Published 22 Sep 2020 10:09 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, in partnership with retail internet providers, ...

Australia activates more than 383,000 NBN connections in June quarter

Published 13 Aug 2020 18:45 CET | Australia
More than 7.4 million Australian customers are now connected to the National Broadband Network after the activation of 383,257 ...

NBN Co's FY revenue jumps 36%, nears 12 mln premises ready to connect

Published 11 Aug 2020 07:13 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, has announced it has exceeded its Corporate Plan ...





Calendar   /   Industry Events

25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan Verizon Communications Q4 2020
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Meetup MENA
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Samsung Electronics Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
29 Jan Charter Communications Q4 2020
29 Jan Telia Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
::: More Calendar Items