The NBN Co board has announced Stephen Rue will succeed Bill Morrow as its next chief executive – let's hope he doesn't rue the day he took on this job!
Under pressure from the Federal Government, the NBN Co, the company rolling out Australia's national broadband network, has backed down on a decision to charge rural and regional users $20 more for their fixed wireless 50/20Mbps plans.
NBN Co, the company rolling out Australia's national broadband network, the NBN, has recorded a loss of $4.1 billion for the full-year 2018, according to results announced on Thursday.
Rural and regional NBN customers will have to pay an extra $20 for 50/20Mbps plans they take on fixed wireless, according to a statement made to parliament's Joint Standing Committee on the NBN on Wednesday.
The postponement of HFC connections to the NBN by between six and nine months will mean a revenue hit of about $50 million and a possible delay in about $500 million of revenue, the NBN Co says.
NBN Co announced two big additions to its excutive team today, appointing a former News Corporation CFO to the board alongside a new CTO.
Dud Swans? Wasn’t Swan one of your colleagues once?
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