Displaying items by tag: NBN Co

A $750 million program from Australian Government-owned broadband network provider NBN Co to deliver faster and more reliable broadband to regional and remote Australia has been completed.

Broadband network wholesaler NBN Co, says it continues to grow its Western Sydney footprint by winning the contract with Cameron Brae Group to deliver full fibre to 2,100 premises at the new Birling residential community development, on The Northern Road in the South-West Sydney Growth Precinct.

Some consumers on NBN Co’s Fixed Wireless Plus plan have experienced a significant improvement to their broadband speeds in the past six months following recent speed changes introduced by NBN Co, the ACCC’s latest Measuring Broadband Australia report has found.

Broadband operator NBN Co generated total revenue of $5.5 billion in FY24, an increase of 4 per cent year-on-year, and Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)1 of $3.93 billion -a 9 per cent improvement on FY23.

More homes and businesses in regional Australia can now access higher nbn network speeds on their nbn fixed wireless connection as nationwide upgrades enable faster speeds across the network during busy periods - and the introduction of the “fastest wholesale speeds ever offered” on the nbn Fixed Wireless network.

The competition watchdog, the ACCC, has approved NBN Co’s proposed Accounting Procedures with “reasonable changes”.

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.

National Broadband Network operator NBN Co’s proposed variation to its Special Access Undertaking (SAU) has been rejected by the competition regulator the ACCC.

Broadband operator NBN Co has successfully raised EUR 1.35 billion (A$2.1 billion) from its debut European Green Bonds issuance in debt capital markets.

The National Broadband Network is preparing to trial a new Sky Muster Plus plan that it hopes will allow it to provide faster speeds and even more unmetered data to satellite customers from late 2023.

The competition watchdog, the ACCC has published National Broadband Network operator NBN Co’s revised proposed variation to its Special Access Undertaking and the material that NBN Co has so far provided in support of its proposal.

NBN Co is inviting customers living and working in around 160,000 premises currently served by Fibre to the Curb (FTTC) in New South Wales, Victoria and South Australia to upgrade to Fibre to the Premises (FTTP).

Labor responds to the recent Coalition Government spending spree on regional communications by promising more than $600 million of funds to improve connectivity for roads, regional communities and farms.

NBN Co and the Victorian Government announced the second stage of a co-investment agreement, which will see fibre built deeper into more parts of metropolitan and regional Victoria.  

NBN fixed wireless download speeds have improved significantly over the past year, the ACCC’s latest Measuring Broadband Australia (MBA) quarterly report shows. Speeds in December 2021 were 93.4% of plan speed during all hours and 79.8% of plan speed during the busy hours of 7-11pm.

NBN Co announced its commitment to setting science-based targets as part of its efforts to reduce emissions and support the nation’s transition to a low carbon economy.

Almost 8.6 million residential broadband services are now on the NBN and 58% are on high speed services of 50 Mbps, with an additional 15% of customers on speeds of over 50 Mbps, the ACCC’s latest NBN Wholesale Market Indicators Report reveals.

More than 8.5 million residential broadband services are now on the NBN, and over 75% of them are on high speed services of at least 50 Mbps, the ACCC’s latest NBN Wholesale Market Indicators Report reveals.

Ericsson announced a landmark multi-year agreement with Verizon to provide its 5G solutions to accelerate the deployment of Verizon's next-generation 5G network in the U.S.

NBN Co announced that it will recommence taking orders from 26 July 2021 to connect new customers to the NBN network via HFC technology.