Displaying items by tag: NBNCo

Internet Australia chief executive Laurie Patton says the latest report on the National Broadband Network, showing losses of $1.8 billion, heralds the “last nail in the coffin” for the beleaguered FttN rollout using Telstra’s ageing copper network.

NBN Co has reported a massive loss blowout of $1.83 billion for the first half of 2016, a whopping increase of 47% over the corresponding half of the previous year.

NBN Co says 2017 will be the biggest year for the National Broadband Network, with almost 50% of the network rollout completed by the end of June. But, it won't be all plain sailing, with the company flagging some disruption as the rollout expands to high density metro areas for the first time.