Render Networks has made two key executive appointments after doubling its workforce over the past year. The construction tech platform’s growth comes after IFM Investor took a $40 million majority stake in the business in mid-2022. Omar Ramadan, former Calix and Advanced Fibre Communications executive, has joined Render as the Vice President of Customer Operations.… Read more »
Australia’s three largest internet service providers, Telstra, Optus and TPG have copped Federal Court penalties totalling $33.5 million after they all admitted to making false or misleading claims about their NBN plans. Telstra was ordered to pay $15 million, Optus $13.5 million, and TPG $5 million for breaching the Australian Consumer Law (ACL) in relation… Read more »
For many Australians, the promise of cheap, reliable broadband remains a dream. So why is the National Broadband Network (NBN) still not delivering an outcome that was promised more than a decade ago when the NBN rollout commenced? Let’s take a look at the current state of the NBN, and what the major political parties… Read more »
Of the 8.2 million homes and businesses active on Australia’s National Broadband Network (NBN) in July 2021, 77% are now reported to be on a broadband plan that delivers speeds of at least 50 megabits per second (Mbps). This is plenty to accommodate a typical household’s needs for video streaming (Netflix high-definition resolution, for instance,… Read more »
The household fight between parents at work and children learning online for bandwidth at Zoom meetings appears to be driving a shift to higher NBN speed plans for Australian homes. The ACCC’s latest NBN Wholesale Market Indicators Report says around 400,000 residential broadband customers moved to higher speed plans in the June 2021 quarter, just… Read more »
Consumer watchdog the ACCC is heading back to the courts, taking on Telstra, Optus and TPG for allegedly misleading consumers over NBN maximum speeds. Problems with consumers getting the NBN speeds they’ve paid for has been a constant legal battle for the regulator, with all the major telcos falling foul of the law in recent… Read more »
Telstra will refund more than 49,000 customers around $50 million after Australia’s largest telco failed to tell them they had internet plans that physically could not deliver the NBN internet speeds they were paying for in another embarrassing failure of the NBN. But the refunds are only occurring following intervention by the Australian Communications and Media… Read more »
The government-owned NBN Co has taken on a fresh $US2 billion (~$A2.6bn) in debt via a bond issue in the US as it seeks to wean itself off federal government funding. The issue was made up of a five-year bond of $US750m and a 10-year bond of $US1.25 billion. The five-year bond will mature in… Read more »
This past year forced incredible change on businesses in a short time, with organisations needing to adapt and pivot quickly to keep pace. This forced adaptation accelerated many current trends – some by three to five years, according to a global McKinsey executive study – while simultaneously causing new ones to emerge. In a recent nbn webinar ‘Digital Transformation in a… Read more »
Paul Fletcher, the federal communications minister in charge of the $55.5 billion national broadband rollout, has evoked tractor production under the Soviets to defend the Coalition government’s seven-year handling of the NBN roll-out. In a speech to the CommsDay Summit yesterday, Fletcher evoked the spectre of “those apocryphal Japanese soldiers found in remote jungles in… Read more »
NBN Co. will borrow $3.5 billion in additional debt from the private sector in order to upgrade the broadband network to more than six million homes over the next three years. Just as NBN Co. is “finishing” the national broadband roll-out, federal communications minister, Paul Fletcher will outline the latest investment at the National Press… Read more »
With #StayAtHome and social distancing now becoming a way of life, an increasing number of people are relying on the internet for work, education and entertainment. This has placed greater demand on our network infrastructure, reducing the bandwidth available for each user, and is leaving people frustrated at seemingly slow internet speeds. While internet service… Read more »
Fibre-to-the-node (FTTN), the key broadband delivery method instigated by former communications minister Malcolm Turnbull in the Coalition government’s NBN policy, is failing to deliver for around a quarter of users, the latest review of broadband speeds by consumer watchdog the ACCC has found. The latest Measuring Broadband Australia report – the eight by the Australian… Read more »
The hunger for streaming services such as Stan and Netflix has seen the amount of data downloaded by Australians jump by nearly 50% in 12 months, the latest ACCC Communications Market Report for 2018-19 has found. And for the first time, the amount of time we spent talking on our phones fell as people… Read more »
NBN Co has announced partnerships with the University of Melbourne and the University of Technology Sydney focused on research and development (R&D).
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
Atlassian cofounder Scott Farquhar steps down as co-CEO 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
Daily startup news and insights, delivered to your inbox.
