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The Federal Government says national broadband network operator NBN Co has demonstrated “operational and financial resilience” during the initial phase of the COVID-19 pandemic and has welcomed the company’s “strong” 2019-20 third quarter results.

Published in Telecoms & NBN

The coronavirus pandemic has failed to halt the growth of the Apple juggernaut, with the company posting quarterly revenue of US$58.3 billion for its second quarter, an increase of 1% year-on-year. Earnings at US$11.25 billion were slightly down from US$11.56 billion posted in the corresponding 2019 quarter.

Published in Market

TPG Telecom has recorded a net profit after tax of $143.6 million for the first half of its current financial year — which ended on 31 January — mostly due to the changes in wholesale pricing of plans by the NBN Co, the company rolling out Australia's broadband network.

Published in Telecoms & NBN

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