0
Broadband

NBN Co's quarterly revenue jumps 41%, tops 10 mln premises ready to connect

Tuesday 12 November 2019 | 08:19 CET | News
NBN Co, the company building and operating Australia's broadband access network, posted total revenues of AUD 876 million for the first quarter of fiscal year 2020, which represents an increase of 41 percent year-on-year. Business revenue reached AUD 149 million, up from AUD 102 million in the quarter ended 30 September 2018.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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
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

Australia's NBN data usage jumps 25% in 1 year boosted by video streaming

Published 02 Dec 2019 10:01 CET | Australia
Australia's data consumption on the NBN broadband access network has increased by almost 25 percent in the past 12 months, ...

NBN Co announces wholesale discounts, annual data capacity increases

Published 26 Nov 2019 08:25 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, has released its Wholesale Pricing Review 2019 ...

NBN tops 6 million residential broadband services

Published 15 Nov 2019 09:05 CET | Australia
The NBN has reached over 6.1 million residential broadband services, according to a report from the ACCC. The report also shows ...

NBN Co launches Business Satellite Service created, designed, managed by Speedcast

Published 08 Nov 2019 15:43 CET | Australia
Speedcast announced that Australian government-owned infrastructure provider NBN Co is now delivering satellite services in ...

NBN Co, industry collaborate to help small business bridge digital divide

Published 04 Nov 2019 17:54 CET | Australia
NBN Co announced plans to work with industry to assist Australian small businesses to unleash the growth potential that the take ...

NBN Co launches regional Australia unit, business NBN Satellite Service

Published 01 Nov 2019 07:35 CET | Australia
NBN Co, the company building and operating Australia's national broadband network, reports it has created a business unit solely ...

Australian consumer body to examine affordability of basic NBN products

Published 14 Oct 2019 16:55 CET | Australia
The Australian Competition & Consumer Commission (ACCC) said it will examine the affordability of basic NBN products. In related ...

NBN Co extends wholesale services to enterprise infrastructure

Published 23 Sep 2019 13:12 CET | Australia
NBN Co announced the availability of Network Extensions, a new option designed to extend the availability of selected nbn ...

Telstra updates FY20 guidance in line with NBN Co's Corporate Plan 2020

Published 04 Sep 2019 09:28 CET | Australia
Australian operator Telstra has updated its FY20 guidance, following the recent release of NBN Co's Corporate Plan 2020. ...

NBN Co trims forecasts on slower takeup

Published 30 Aug 2019 09:47 CET | Australia
Australia's NBN Co has released its Corporate Plan for 2020-2023, saying it's on track to complete the construction of the NBN ...

Australia nears 6 million premises connected to NBN

Published 16 Aug 2019 09:08 CET | Australia
Australia has at least 8 access seeker groups acquiring wholesale services directly from NBN Co at all of the 121 NBN points of ...

NBN Co FY revenue jumps 43% on 1.5 mln additional premises activations

Published 15 Aug 2019 12:22 CET | Australia
NBN Co, the company building and operating Australia's broadband access network, saw its revenue increase by 43 percent ...