Company CEO Stephen Rue says a viable pricing model is critical to keeping the National Broadband Network “financially resourced”.
A regulatory proposal from NBN Co,which would dramatically increase the cost of internet,has been rejected by the federal government.
A spokesperson declined to elaborate on claims by a senior executive that “unfriendly nations” were sending out spacecraft to listen to what is going on in its fleet of satellites.
The decision is estimated to have affected about 3500 staff who received all or part of their short-term incentive bonus in the 2021 financial year.
The NBN claims competition from Elon Musk’s Starlink and other wireless operators is threatening the viability of its business.
The two telcos will refund $6.5 million to customers after failing to inform them that they were not receiving their promised internet speeds.
As the election nears,the federal government is committing almost half a billion dollars to improve the internet service of Australians in regional and rural areas.
Telstra has managed to hold the line on its interim dividend to shareholders despite a slump in profits.
Stephen Rue would not comment on whether the NBN will be able to lift the average amount of residential revenue per user to $49 by the end of the 2023 financial year.
NBN Co’s latest push to grab business customers has reopened old wounds with telco providers,with Vocus Group and TPG Telecom,arguing it’s a waste of money.
The brainchild of tech entrepreneur Bevan Slattery,HyperOne has promised to update the country’s digital infrastructure via 20,000km of fibre optic cable.