Recent comments from telecommunications providers Telstra and Aussie Broadband about their decreasing profits from NBN sales underline how short-sighted the Labor government was to keep the expenditure for the NBN off-budget and insist that it be repaid by the company set up to create and run the network.
Aussie Broadband, or ABB as it is now designated on the ASX, has a current share price of $1.90 at time of publication, 90c more than its $1 listing, and while it's down from a high of $2.22, ABB's prospects are definitely strong.
Aussie Broadband managing director Phillip Britt has taken out the Australian communications industry’s most prestigious accolade, with the award of the title of Communications Ambassador 2020 at this year’s ACOMM awards.
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She didn't walk away empty handed, she got a partial win which meant she got 50% of the prize value