Internet service provider TPG has posted a 34 per cent increase in revenue for the financial year ending 31 July. The ISP reported revenue of $970.9 million and earnings before interest, tax, depreciation and amortisation (EBITDA) of $363.7 million; up 24 per cent on the previous financial year.
If Telstra were to compete against NBN Co, it would change the economic model for the National Broadband Network, NBN Co CEO Bill Morrow has said.
Federal Labor MP Michelle Rowland has accused Communications Minister Malcolm Turnbull of "dithering" in his response to TPG's fibre-to-the-basement rollout.
Communications Minister Malcolm Turnbull announced this morning that he will consult with the telco industry on new rules that would potentially force network operators that want to compete with National Broadband Network infrastructure to split their wholesale and retail operations.
The Australian Competition and Consumer Commission (ACCC) won't step in to halt Internet service provider TPG from rolling out fibre-to-the-basement services that could compete with National Broadband Network infrastructure, but the competition watchdog is likely to step in and regulate the provision of vectored VDSL services in apartment blocks.
The first report out of the NBN Panel of Experts, appointed by the government to conduct a cost-benefit analysis of the National Broadband Network, has rejected calls by telcos to further strengthen the rules that restrict NBN Co to wholesale-only operations.
NBN Co, the company in charge of overseeing the rollout of the National Broadband Network, has released an updated product roadmap that details for the first time an estimated time frame for offering fibre-to-the-building (FTTB) services.
Megaport has won its dispute with TPG over installing fibre in two of the data centres run by PIPE Networks, a subsidiary of the telco.
Major telcos and Internet service providers including Telstra, Optus, Vodafone and iiNet have pushed for clarity on some aspects of NBN Co’s wholesale role and the tightening of restrictions that prevent the company rolling out the National Broadband Network from supplying services to end users.
The company in charge of rolling out and operating the National Broadband Network has called for a speedy resolution to the issue of infrastructure-based competition.
TPG has been fined $400,000 after court action taken by the Australian Communications and Media Authority relating to the telco's failure to provide triple zero access to all of its customers.
NBN Co has proposed that TPG and other infrastructure competitors cross-subsidise the rural National Broadband Network build when they cherry-pick high value customers in urban areas with fibre-to-the-basement.
NBN Co's new chief executive, Bill Morrow, has warned that buildings that sign up for TPG's new fibre-to-the-basement rollout run the risk of being stuck with a single retail service provider.
Internet service provider TPG has launched its National Broadband Network plans, with all six of the offers including unlimited data quotas. The plans are TPG's first NBN offerings; the ISP foreshadowed offering an unlimited NBN data plan in 2012, but it hasn't started to sign up customers for NBN services until now.
The government must stop TPG from poaching high value customers from the NBN, said Communications Shadow Minister Jason Clare at the CommsDay conference today in Sydney.