Displaying items by tag: National Broadband Network (NBN)

Broadband operator NBN Co generated total revenue of $5.5 billion in FY24, an increase of 4 per cent year-on-year, and Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)1 of $3.93 billion -a 9 per cent improvement on FY23.

The competition watchdog, the ACCC, has approved NBN Co’s proposed Accounting Procedures with “reasonable changes”.

Australia’s competition watchdog, the ACCC, is urging Australian households to shop around for their NBN broadband plans and check for any offers that represent better value for them, following NBN Co notifying retailers of changes to the wholesale prices that it will charge them from next month.

The operators of the National Broadband Network NBN Co said today their wholesale prices have resisted inflation and have not increased in real terms over the last ten years, “despite the fact that most of the company’s input costs have been subject to inflation”.

The operator of the National Broadband Network, NBN Co, says it is committed to increasing female representation in the workforce under an initiative to raise female participation in science, technology, engineering and maths (STEM) roles.

The number of higher speed broadband services in Australia has exceeded 5 million for the first time, jumping from 4.9 million to over 5.2 million last quarter, according to a new report from the Australian Competition and Consumer Commission (ACCC).

Competitiveness, national security, access to services and the efficient deployment of new networks and technologies are among the priorities outlined by the Federal Gvernment in its statement of expecations given to the competition regulator, the ACCC, as part of the Commission’s oversight of Australia’s telecommunications industry.

The building of the National Broadband Network will create a total of 25,000 jobs across the economy in two years, including almost 10,000 in regional Australia, according to newly released economic impact analysis.

Telco and energy retailer Dodo has launched new NBN plans coupled with offers for electricity and gas services.

Telstra has suffered a 14% drop in profits with the telco putting the decline down to pressure put on it by the the coronavirus pandemic and the national bushfire crisis.

ICT industry executive Laurie Patton has proposed that the Federal Government immediately fund the operator of the National Broadband Network, NBN Co, to employ suitably qualified people currently being retrenched as a result of the COVID-19 crisis - and to train and deploy them to start upgrading the FTTN connections to fibre so that everyone has access to fast broadband.

Huawei Australia has boosted its sponsorship of rugby team the Canberra Raiders, becoming the naming rights sponsor for the Huawei Raiders Centre in the ACT, with the announcement coming just two days after the company revealed a restructure of its Australian operation and the shedding of about 500 jobs.

Passage of the Telecommunications Reform Package is a key step towards guaranteeing country communities access to reliable communications, according to the Regional, Rural and Remote Communications Coalition (RRRCC), which has again issued a call to Government for the legislation to be passed by the Senate.

The Australian Government has commenced the next stage of consultation on the $53 million Regional Connectivity Program aimed at improving digital connectivity in regional and rural Australia.

NBN Co, the operator of the National Broadband Network, has announced the next phase of its engagement with Retail Service Providers (RSPs) and enterprise customers.

Australia's peak body for consumer representation in communications, the Australian Communications Consumer Action Network (ACCAN), says telcos must play their part if consumers are to benefit from changes to NBN Co’s wholesale pricing and data capacity.

Optus pulled in revenue of $2,207 million for the three months to the end of September to deliver an increase in profits for the quarter due to increased NBN migration.

Brisbane-based telecommunications and technology company 2SG is now offering what it says is a “hassle-free NBN alternative” for retail service providers with a new plug-and-play solution to access the Optus Home Wireless Broadband.

The minister responsible for delivery of the national broadband network says the introduction of 5G services in Australia is unlikely to pose a significant threat to the NBN Co's business plan – and has swept aside "premature" talk about privatisation of the network.

Australia's national broadband network builder and operator NBN Co is proposing to introduce significant discounts and extra capacity inclusions across the majority of its wholesale broadband product range, according to its newly released wholesale pricing review paper.