Home Telecoms & NBN NBN Co will not reach ARPU target even in FY22
NBN Co will not reach ARPU target even in FY22 Featured

NBN Co, the company rolling out Australia’s national broadband network, the NBN, will not achieve its desired $52 average revenue per user target to remove the red ink from its budget, even by FY22, two years after the rollout is completed in 2020.

According to the company's corporate plan for 2019-2022, which was released on Friday, the ARPU is expected to grow from $44 at present to $51 by FY22, a dollar short of what it needs to break even.

In last year's corporate plan, which spanned the years 2018 to 2021, NBN Co had said its ARPU would be at $52 in 2021.

Details about the ARPU were buried deep in the corporate plan statement, on page 60 of an 86-page report. No mention was made of ARPU in the slides, that were sent separately to the media by the company, or in its media release.

"Monthly Average Revenue per User (ARPU) is expected to grow from $44 to $51 in FY22, stimulated by an expected increase in end-user willingness to pay, increase in end-user take-up of plans based on higher wholesale speed tiers, increased end-user data consumption, and increased penetration into small to medium business segments," the plan states.

nbn one

As far as other financial forecasts are concerned, the company said it would achieve annual revenue of $2.6 billion by FY19, $3.9 billion by FY20 and $5.2 billion by FY21.

This was predicted based on an expectation that revenue would rise by 30% in FY19 and 50% in FY20.

Graphic: courtesy NBN Co

47 REASONS TO ATTEND YOW! 2018

With 4 keynotes + 33 talks + 10 in-depth workshops from world-class speakers, YOW! is your chance to learn more about the latest software trends, practices and technologies and interact with many of the people who created them.

Speakers this year include Anita Sengupta (Rocket Scientist and Sr. VP Engineering at Hyperloop One), Brendan Gregg (Sr. Performance Architect Netflix), Jessica Kerr (Developer, Speaker, Writer and Lead Engineer at Atomist) and Kent Beck (Author Extreme Programming, Test Driven Development).

YOW! 2018 is a great place to network with the best and brightest software developers in Australia. You’ll be amazed by the great ideas (and perhaps great talent) you’ll take back to the office!

Register now for YOW! Conference

· Sydney 29-30 November
· Brisbane 3-4 December
· Melbourne 6-7 December

Register now for YOW! Workshops

· Sydney 27-28 November
· Melbourne 4-5 December

REGISTER NOW!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the sitecame into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

 

Popular News

 

Telecommunications

 

Sponsored News

 

 

 

 

Connect