The company rolling out Australia's national broadband network has reported revenue of $3.5 billion for the first nine months of the financial year 2020-21, with no breakdown offered for the third quarter alone.
Even with the NBN Co as a government entity in public hands (at least for now), the companies that retail the nbn service are faced with artificially limited capacity and pricing constraints while selling an unlimited product to consumers, leading to six month introductory deals that then raise the price afterwards - and it’s no surprise to see Internet providers and end-users still complaining about the NBN alike.
The ACT, NT and Tasmania finally join the list where suburbs will be upgrade to a fibre connection, with 1.1 million homes now announced and 2 million homes to be passed by 2023, leading to a total of 3.5 million premises to be able to access the nbn Home Ultrafast wholesale speed tier with download speeds of 500 Mbps to close to 1 Gbps.
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