The Coalition Government made the right choice back in 2013 to adopt a multi-technology mix for rolling out the national broadband network, ditching a Labor plan to have fibre to 93% of homes and service the rest through fixed wireless and satellite, Communications Minister Paul Fletcher says.
A Huawei Australia official has used his address to a 5G Business Summit in Sydney to push his employer's wares as the solution to the slow NBN connection issue that many Australians face, through the medium of 5G fixed wireless.
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.
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