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As EBITDA Surges, NBN Pays Down Nearly $6 Billion More Government Debt
NBN Co grew its business to an annualised run rate of $5 billion revenue and $3 billion EBITDA in the last fiscal half. In line with this, it retired nearly half of its outstanding government debt. NBN Co originally has a loan from the government amounting to some $19.5 billion. CEO Stephen Rue said, “I think there’s an understanding in the global
NBN Pricing Remains a Big Issue as Telecom Competition Turns 30 Years Old
According to the father of Australian telecom competition Bob Mansfield, the federal government still needs to solve the difficult question of how to best regulate NBN Co even if the industry remains healthy. This is because the resolution will determine the degree of operator profitability in the future. Mansfield said, “The CVC issue is one
Quality Assurance Mark to Support Rural Network Extensions Planned by NBN Co
NBN Co is planning on developing a Quality Assurance Mark. This is for network extension devices to support agricultural IoT and in-paddock connectivity. It is also for the sort of assessment criteria that would underpin it. NBN Co said that it believes the quality mark will help workers in the agriculture sector, including farmers, to understand
Concerns over TPG Wholesale Separation Raised by NBN Co
According to NBN Co, the functional separation undertaking of TPG Telecom has requested the Australian Competition and Consumer Commission to clarify some areas of concern. This is because last November, the telco lodged a functional separation bid with the ACCC. However, NBN Co said that the regulator must consider the differences in competition
More Transparency on Competitive Business Services Offered by NBN Co
NBN Co, in its response to the recent round of Special Access Undertaking working group, said it understood “concerns about having core regulated services and competitive services treated in the same manner in the building block model and whether this gives rise to cross-subsidy concerns between core regulated services and competitive
NBN Proposed CVC Relief, Certainty in SAU Proposal Paper Included
The most radical revamp of pricing, and NBN Co has recently proposed product construct in an attempt to meet concerns of retailers, regulators, and consumer advocates ahead of the proposed lodgement of a new Special Access Undertaking in February. Specifically, NBN Co proposes the potential development and availability of AVC-only pricing. NBN
Streamlining and Reduction of CVC Component in Future Pricing Proposed by NBN Co
An Australian Competition and Consumer Commission-convened working group required NBN Co to do more homework on a new pricing construct. This is set to charge CVC by utilisation and increase AVC-only pricing over time. NBN Co has also presented a detailed analysis providing direction to discussions and opinions of the eventual Special Access
NBN Co Commits to Support Global Renewable Energy Initiative
NBN Co recently announced its Towards-Zero Carbon Ambition and membership of the global RE100 renewable energy initiative. The company is reducing its annual energy use by 25GWh by December 2025. To foster this initiative, the company will purchase 100 percent renewable electricity from December 2025. NBN Co plans to purchase its power from
Backhaul Telcos Fear Overbuild From NBN’s proposed Datacentre Product
TPG and Vocus are said to be pushing back on plans by NBN Co to create an Ethernet Enterprise product geared towards datacentre backhaul requirements. In parallel to this, most dark fibre companies, including FibreconX have been left out of the loop. An NBN spokesperson explained that “We have received multiple requests from data centre operators
NBN Held Up Well During the Latest Lockdowns According to ACCC
According to the latest data from the Measuring Broadband Australia report released by the Australian Competition and Consumer Commission, the COVID lockdowns across certain areas of Australia during the last quarter did not reflect reduced performance on the NBN. The basis of the report was the measurements taken from 1270 NBN fixed-line and
Higher Speed Bundle Numbers Decline With NBN Focus on Fast Promo Dwindles
There was a 30 percent decline in higher than 100Mbps subscriptions following the end of Focus on Fast promotion. This was revealed in the latest NBN wholesale market indicators report released by the Australian Competition and Consumer Commission. NBN subscribers who signed up to greater than 100Mbps services, including the Super Fast and
Federal Labor Expands NBN Fibre Upgrade to Cover 1.5M Extra Premises
Federal Labor is keen on expanding the fibre overlay of the FTTN network of NBN Co for $2.4 Billion. The NBN policy is also yet to be announced in Sydney by opposition leader Anthony Albanese and shadow communications minister Michelle Rowland. With this promise, the job started by NBN Co last year would be effectively finished. Last year, NBN Co


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