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.
Less than two weeks remain until the Australian Federal Election, and the NBN has been one of the topics mentioned the least – even though there has been much talk about the network between polls.
The Australian Labor Party has said it would review the economics of the NBN, including the implications of the multi-technology mix, on the cash-flow of the NBN Co, the company which is rolling out the network, if it were voted back into office in the forthcoming Federal Election.
still cant access netflix ! optus is crap
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