Believe it or not, I knew exactly what I wanted to do when I was in high school. That’s not all that common in a world of ever-changing, endless possibilities. But I knew I wanted to work in technology.
COMPANY NEWS: Commpete has welcomed the Australian Government’s decision this week to invest $3BN to upgrade fibre connections, but cautioned on the ambitious timeline and budget, and danger of missing out on alternative technologies as they advance.
Australian government owned fibre network wholesaler NBN Co will upgrade the remaining FTTN (fibre to the node) network across Australia, using A$800 million of its own funds plus a commitment of up to A$3 billion from the government.
BT-owned fibre network provider Openreach has claimed a new milestone with its FTTP product Ultrafast Full Fibre now available to 17 million premises – half of all UK homes and businesses.
NBN Co has launched a proposal to provide download speeds five times faster than present, on its nbn Home Fast product. This would see wholesale download speeds accelerate from 100/20 Mbps to 500/50 Mbps at no extra wholesale cost to retailers.
Australian telco TPG claims a "sizeable number" of Internet users are suffering from connectivity problems and feel "a real need for speed".
Broadband operator NBN Co plans to create an artificial intelligence (AI)-powered "intelligent, self-healing network", expand its workforce, and deliver more network upgrades across Australia, according to its first annual service improvement plan (ASIP).
Wholesale broadband operator NBN Co has completed a field trial with Finnish telco vendor Nokia using three generations of passive optical network (PON) technologies—GPON, XGS PON, and 25GS PON—over its fibre to the premises (FTTP) network, proving its feasibility to support future multi-gigabit services.
Finnish telco equipment vendor Nokia unveiled its 25G PON technology on the Lightspan SF-8M sealed fibre access node, which cable operators may deploy to respond to increased bandwidth demand by activating 10G or 25G on their existing PON network.
Wholesale broadband provider NBN Co has raised $850 million from its latest Australian green bond issuance in the domestic debt capital markets, which will be allocated to its sustainability projects and fibre-to-the-node to fibre-to-the-premises network upgrade program.
The NBN Co, the company rolling out Australia's national broadband network, has again reported a loss for the 12 months ending in June, this time of $1.12 billion, an improvement of 24% or $346 million from FY22, the company said on Thursday.
Broadband retailers continue to deliver close to plan speeds, according to the ACCC.
NBN Co has awarded construction contracts relating to the provision of FTTP connections to one million homes and businesses to Ventia, Service Stream, Fulton Hogan Utilities, and Downer EDI.
Wholesale broadband provider NBN Co has reported that it has generated $1.31 billion in revenue during the first quarter of FY23, up by 4% on the corresponding period in FY22.
The Federal Government says it will provide a $2.4 billion equity investment over four years to the NBN Co so that an additional 1.5 million premises can be upgraded from copper connections to fibre by 2025. The money will be formally announced in its budget update on 25 October.
The NBN has made available the latest list of suburbs and towns where an additional 300,000 homes and businesses currently served by fibre to the node will benefit from the extension of fibre deeper into communities.
Total operator-billed revenue generated from 5G fixed wireless access services will rise from US$515 million ($788 million) in 2022 to US$2.5 billion ($3.8 billion) next year, according to Juniper Research.
The NSW Government has engaged Opticomm to build a fibre to the premises network serving the Wamboin, Bywong and Sutton areas to the north-east of Canberra.
Aussie Broadband has announced that it will participate in NBN’s new Fibre Connect program, which offers upgrades from fibre-to-the-node (FTTN) or fibre-to-the-curb (FTTC) technologies to full fibre for eligible customers.
A well-known telecommunications consultant has thrown his support behind a call by ACCC chairman Rod Sims for the government to treat the costs of the NBN as sunk and focus on getting the best use out of the network.
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