The options offered by the NBN Co in its latest pricing review consultation will lead to a price rise of $2 per customer no matter which option a retail service provider chooses, well-known independent telecommunications analyst Paul Budde says.
The NBN Co has quietly released its third-quarter results for the 2018-19 financial year, showing a growth of 45% in revenue to $2.0 billion year-on-year, but still continuing to bleed red ink with a loss of $2.7 billion for the financial year so far. This takes the accumulated losses to $20.7 billion over the lifespan of the company.
The NBN Co, the company rolling out Australia's national broadband network, plans to create new plans for businesses in order to earn $1 billion in revenue from the sector.
Poor Stephen Rue. Having been handed the equivalent of a shit sandwich by his illustrious predecessor Bill Morrow, all that the new chief executive of NBN Co can is to pony up when the company's quarterly results are due and go through the motions.
The NBN Co, the company rolling out Australia's national broadband network, has made no progress on raising the average revenue per user, which remains stuck on $44, the same as that recorded for full-year 2018, even though other metrics have shown an increase.
NBN Co, the company rolling out Australia’s national broadband network, the NBN, will not achieve its desired $52 average revenue per user target to remove the red ink from its budget, even by FY22, two years after the rollout is completed in 2020.
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