Tuesday, 27 August 2024 10:02

Major telcos' market share slightly dip while smaller telcos inch up: NBN Co report Featured

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The market share of major Australian telcos slightly declined while smaller telcos saw a slight increase, according to the NBN Wholesale Market Indicators Report, prepared quarterly for the Australian Competition and Consumer Commission (ACCC) by wholesale broadband operator NBN Co.

The June quarter of 2024 report, published recently, focuses on residential broadband access services and highlights latest trends and statistics in the market.

Telstra's market share declined to 39.4%, down from 39.9% a quarter (March) earlier. TPG Telecom slightly dipped to 20.5%, down from 20.7%. Optus remained the same at 12.6%.

Smaller telco Aussie Broadband's market share rose to 8.9% from 8.5% in the March quarter. Vocus' remained steady at 8.5%. The others category reported a 10.2% market share.

All key quarterly indicators also saw an increase. Total services are at 8.8 million, up by 0.05%. Total CVC capacity acquired rose to 53.9Tbps, up by 14.5%. Average CVC per user is at 6.1Mbps, increased by 14.5%. Number of >50Mbps services is at 6.2 million, up by 0.25%.

The report also highlighted a rise in fibre-to-the-premises (FTTP) connections at 2,221,803 from 2,104,451 in the March quarter. It remains to be the most dominant services in operation by technology type.

The total number of services in operation also increased to 8,799,664 from 8,794,904.

The 50Mbps speed tier, one of the most popular NBN speed tier, decreased. Last March quarter, it posted 4,303,867 and declined to 4,116,917 in June.

However, the 100Mbps rose to 1,691,904 connections from 1,552,869. Speeds greater than 100MBps also rose to 418,493 from 354,922 in the March quarter.

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Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

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