Displaying items by tag: Stephen Rue

Wholesale broadband operator NBN Co has appointed Vocus CEO Ellie Sweeney as its new CEO.

Singtel Optus has been taken to court by the Australian Media and Communications Authority over the September 2022 attack on its systems that had an impact on nearly nine million customers.

In November, Singtel Optus will get a new chief executive when the current chief executive of the NBN Co, Stephen Rue, switches seats and takes over the reins of Australia's second biggest telco.

Singtel Optus, Australia's second largest telco, and Finnish telecommunications company Nokia have set a speed record during a field trial over Optus' existing operational long-haul fibre network.

Singtel Optus has announced that Stephen Rue will be moving from the position of chief executive at NBN Co to occupy the vacant seat at Optus in November.

Stephen Rue, chief executive of the National Broadband Company, has announced he is stepping down from the post after almost a decade working for the firm.

NBN Co, the company rolling out Australia's national broadband network, has recorded a half-year loss of $696 million for the first six months of fiscal 2024, more than a third over the corresponding six months of fiscal 2023.

Broadband operator NBN Co has signed a renewable six-year power purchase agreement with Macarthur Wind Farm near Warrnambool in southwest Victoria.

National broadband network operator NBN Co announced the 75MW Wyalong solar farm has opened after “going live” which will support its commitment to 100% renewable electricity purchases.

Wholesale broadband provider NBN Co has appointed chief engineering officer John Parkin to the role of chief operations officer, replacing outgoing executive Katherine Dyer who will depart the company after almost 13 years of service.

The NBN Co, the company rolling out Australia's national broadband network, has again reported a loss for the 12 months ending in June, this time of $1.12 billion, an improvement of 24% or $346 million from FY22, the company said on Thursday.

Wholesale broadband provider NBN Co has committed to long-term greenhouse gas emissions (GHG) reduction targets and eyeing net-zero emissions by 2050 via the Science Based Targets initiative (SBTi).

NBN Co, the operator of Australia’s National Broadband Network (NBN), has reported total revenue of $2.6 billion for the six months to 31 December 2022 - a 4 per cent increase on H1 FY22.

The Federal Government says it will provide a $2.4 billion equity investment over four years to the NBN Co so that an additional 1.5 million premises can be upgraded from copper connections to fibre by 2025. The money will be formally announced in its budget update on 25 October.

National Broadband Network operator NBN Co has released a new Special Access Undertaking (SAU)  discussion paper to the Australian Competition and Consumer Commission (ACCC), internet retailers and consumer advocacy groups involved in the SAU consultation process.

The NBN Co, the company rolling out Australia's national broadband network, recorded $5.1 billion in revenue for the full-year 2021-22, an increase of 10% year-on-year. But the company has yet to hit profitability, with the loss for the period being $1.46 billion.

NBN Co reported total revenue of $2.5 billion for the six months to 31 December 2021, a 12% increase on H1 FY21.

In the last couple of weeks we have witnessed assertive correspondence between the industry and NBN Co. Here is a summary what has taken place and what it means.

NBN Co generated total revenue of $4.6 billion in FY21, an increase of 21% year-on-year. Driving the revenue was the addition of 933,000 residential and business premises that connected to the network in the last 12 months and a total of 8.2 million premises connected to the network at 30 June 2021.

More than 600 technicians employed by the NBN Co, the company rolling out Australia's national broadband network, will walk off the job on Wednesday as part of a national day of action.