Tuesday, 26 November 2019 12:09

Aussie Broadband makes Deloitte Tech Fast 50 with big jump in revenue

Aussie Broadband makes Deloitte Tech Fast 50 with big jump in revenue Image stuart miles, FreeDigitalPhotos.net

Broadband retail service provider Aussie Broadband has achieved average revenue growth of 308% over the last three years to gain a listing as the only telco in this year’s Deloitte Technology Fast 50.

The company won 4th place in the leadership category and was also listed as #21 in the technology Fast 50 sector.

The awards were announced at a ceremony in Sydney on Monday night, with Aussie Broadband director Phil Britt saying that: “The award acknowledged that we have dramatically grown our market share and over the past 3 years,” and “we are now the fifth largest provider of new NBN services in Australia.”

The Deloitte Technology Fast 50 ranks Australia’s fastest growing technology companies, based on their percentage revenue growth over the last three years (2017-19) - and to qualify, each company must have minimum cumulative revenues of $8m over the period.

Britt said that a number of initiatives had contributed to the company’s growth, including automated systems and Aussie Broadband’s “strongly-held core values”.

“Aussie Broadband was formed from a merger between Wideband Networks, started by myself and my business partner John Reisinger in the Latrobe Valley, and Westvic Broadband based in Warrnambool, back in 2008,” he said.

“I firmly believe regional Victorian culture has played a strong role in our success, especially our awesome staff with their “no bullsh*t” approach. This award wouldn’t be possible without them.

:Britt said Aussie Broadband believed today’s announcement from NBN is good news for consumers, specifically:

  • Higher speed - NBN’s focus is now moving to the 100/20 tier (a slightly different product to the current 100/40 tier) to encourage customers to move onto 100 download speeds. As a result, we will probably see prices drop for this speed tier in coming months.
  • Enough bandwidth - the increased CVC that NBN is going to include in its wholesale plans means that even though customers are continuing to increase their data usage, they should continue to see good bandwidth performance from their providers for the next 12 months.

"Aussie Broadband is also extremely pleased with the news that NBN will allow providers to pool all their bandwidth (CVC) nationally. This means we can manage bandwidth peaks and troughs at a national level rather than at each of the 121 points of interconnect across Australia, and saving considerable effort and “overage” costs," Britt added.

Deloitte Technology Fast 50 Lead Partner, Josh Tanchel, said: “Simply making the 2019 Deloitte Technology Fast 50 Australia Awards is an achievement, but to be named among the top contenders in the Leadership category is a significant statement about the company,”

“Deloitte is proud to celebrate the achievements of Australia’s brightest technology innovators and look forward to working with them as they grow in the future.”

For a full list of winners click here.


As part of our Lead Machine Methodology we will help you get more leads, more customers and more business. Let us help you develop your digital marketing campaign

Digital Marketing is ideal in these tough times and it can replace face to face marketing with person to person marketing via the phone conference calls and webinars

Significant opportunity pipelines can be developed and continually topped up with the help of Digital Marketing so that deals can be made and deals can be closed

- Newsletter adverts in dynamic GIF slideshow formats

- News site adverts from small to large sizes also as dynamic GIF slideshow formats

- Guest Editorial - get your message out there and put your CEO in the spotlight

- Promotional News and Content - displayed on the homepage and all pages

- Leverage our proven event promotion methodology - The Lead Machine gets you leads

Contact Andrew our digital campaign designer on 0412 390 000 or via email andrew.matler@itwire.com



Security requirements such as confidentiality, integrity and authentication have become mandatory in most industries.

Data encryption methods previously used only by military and intelligence services have become common practice in all data transfer networks across all platforms, in all industries where information is sensitive and vital (financial and government institutions, critical infrastructure, data centres, and service providers).

Get the full details on Layer-1 encryption solutions straight from PacketLight’s optical networks experts.

This white paper titled, “When 1% of the Light Equals 100% of the Information” is a must read for anyone within the fiber optics, cybersecurity or related industry sectors.

To access click Download here.


Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).



Recent Comments