Saturday, 22 July 2017

NBN revenues rocket but losses widen

By Mary Lennighan, Total Telecom
Monday 09 November 15

Australian next-generation broadband network provider reports growing customer numbers and ARPUs.

NBN on Monday posted a 152% increase in quarterly revenues and announced that active customers grew by 129% in the year to the end of September. However, the company that is building out Australia's next-generation broadband network reported a widening net loss. It lost A$595 million (&euro…

NBN on Monday posted a 152% increase in quarterly revenues and announced that active customers grew by 129% in the year to the end of September. However, the company that is building out Australia's next-generation broadband network reported a widening net loss. It lost A$595 million (&euro…

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