NBN speeds and performance declined as Australians followed social distancing instructions to stay home due to COVID-19, but picked up following measures by NBN Co and streaming providers, according to the competition regulator, the ACCC.
The Federal Government says national broadband network operator NBN Co has demonstrated “operational and financial resilience” during the initial phase of the COVID-19 pandemic and has welcomed the company’s “strong” 2019-20 third quarter results.
National Broadband Network operator NBN Co has secured $6.1 billion in debt finance on external markets as part of the company’s inaugural long-term borrowing from private debt markets.
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