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 »
Communications Minister Paul Fletcher has compared the ALP’s original NBN plan to Soviet-era tractor production
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 »
Just as the NBN roll-out ends, it’s borrowing another $3.5bn to upgrade the network with fibre to the home
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 »
The Coalition government’s signature NBN strategy is causing the biggest problems for users, the ACCC finds
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).
TPG is the third internet service provider to be pulled up for misleading customers about its NBN services, with the ACCC announcing the company will compensate almost 8,000 customers.
Optus has today announced a $1 billion plan to strengthen its mobile network across regional Australia, increasing call and 4G coverage.
The report found almost $7,000 is being invested per household on broadband in regional and rural Australia, or $4.5 billion in total.
The federal government has announced this week a $22 million fund that will support the development of telecommunications infrastructure in regional WA.
CSIRO has announced a partnership between Data61’s Coviu and Health Team Australia, which will see a real-time online video platform rolled across Australia.
The $150,000 program, Grow with NBN, will distribute three major grants of $25,000 and six minor grants of $10,000 to organisations that are “innovatively” using the nbn for their activities in the fields of business, community, or education.