Origin Energy grows broadband base
Origin Energy ended FY19 with around 8000 broadband customers, the company reported today.
Origin Energy ended FY19 with around 8000 broadband customers, the company reported today.
Telstra’s net profit after tax dropped 39.6 per cent in FY19, the telco revealed today. The company reported NPAT of $2.1 billion, with earnings before interest, tax, depreciation and amortisation (EBITDA) down 21.7 per cent to $8 billion.
In the 12 months to 30 June NBN Co enjoyed earnings before interest, tax, depreciation and amortisation (EBITDA) of $608 million – if the $2 billion or so in subscriber payments to Telstra and Optus are discounted.
NBN Co has officially launched its Sky Muster Plus satellite service, which will allow some basic Internet activities to be conducted without eating into a household’s or business’s monthly data allowance.
More than 4000 post offices and Australia Post corporate offices and mail and parcel facilities will benefit from a network upgrade program that the organisation claims is the largest in the country.
The latest report from the Australian Competition and Consumer Commission’s broadband performance project reveals that greater than one in 10 NBN services are categorised as “underperforming”.
The Australian Communications and Media Authority (ACMA) has rapped seven telcos over the knuckles for failures to abide by new rules governing consumer information about NBN plans offered by retail service providers (RSPs).
A former head of the Australian Competition and Consumer Commission, Graeme Samuel, has urged the government to focus on the long-term interests of end-users rather than the sales price when privatising NBN Co.
The use of high-pressure sales tactics by telcos trying to sell NBN services to households and small businesses has been condemned by groups representing consumers and the telecommunications industry.
Telstra’s CEO Andy Penn has said there is still potential for the company's InfraCo business to take a stake in NBN Co if the government forges ahead with its privatisation.
Claims by telcos that NBN Co’s wholesale pricing is creating an “unsustainable industry” are unfounded, the network operator’s chief executive has argued.
Telstra has used NBN Co’s wholesale pricing review to urge the network operator to dump its current pricing structure that involves retail service providers (RSPs) paying access (AVC) and capacity (CVC) charges.
NBN Co says it hit speeds of up to 994 megabits per second over a hybrid fibre-coaxial (HFC) connection during an in-field trial of DOCSIS 3.1 technology.
By the end of this month 400 buildings will be connected to an Adelaide fibre network offering symmetrical speeds of up to 10 gigabits per second. By the end of the year, that number is expected to reach 700.
Retail services provider (RSP) Dodo has told the Australian Competition and Consumer Commission (ACCC) it will fork out around $360,000 to refund customers over claims the telco made relating to entry-level NBN services.