Displaying items by tag: quarterly results

Monday, 09 November 2020 10:16

NBN Co boosts first quarter revenue, earnings

The operator of the national broadband network, NBN Co, is trumpeting strong momentum and earnings growth, recording quarterly earnings of $102 million in the three months ending September 2020, compared to a loss of $435 million in Q1 FY2020 – and with total revenue of $1.07 billion for three months, up 22% on the corresponding quarter last year.

Published in Telecoms & NBN

Although 5G is what many are banking on, tough competition from Huawei and Nokia and a post-4G and pre-5G world sees Ericsson making a loss – for now.

Published in Telecoms & NBN

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