The options offered by the NBN Co in its latest pricing review consultation will lead to a price rise of $2 per customer no matter which option a retail service provider chooses, well-known independent telecommunications analyst Paul Budde says.
The NBN Co has quietly released its third-quarter results for the 2018-19 financial year, showing a growth of 45% in revenue to $2.0 billion year-on-year, but still continuing to bleed red ink with a loss of $2.7 billion for the financial year so far. This takes the accumulated losses to $20.7 billion over the lifespan of the company.
The NBN Co, the company rolling out Australia's national broadband network, plans to create new plans for businesses in order to earn $1 billion in revenue from the sector.
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