The Australian national broadband network builder NBN Co has exceeded its connection targets for the financial year 2019, connecting more than 1.1 million premises in the three months to 27 June.
Australia's fourth largest telecommunications company Vocus Communications has advised the ASX that it has received an indicative takeover offer from Swedish private equity firm EQT Infrastructure for A$5.25 per share, valuing the company at A$3.3 billion.
Australia lags well behind Asia Pacific markets like Singapore, China and South Korea in the take-up and penetration of fibre to the home/building (FttH/B) services, according to a newly published report.
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