NBN lands a further AU$1.2 billion of debt at 1%
Government-owned business states it ended up with the lowest coupon rate for an Australian corporate.
Government-owned business states it ended up with the lowest coupon rate for an Australian corporate.
Department of Communications still believes NBN will be able to refinance its AU$19.5 billion loan on commercial terms.
Michael Malone is replacing Internode founder Simon Hackett on the NBN board.
A National Operations Centre for the National Broadband Network will be established in Melbourne, bringing 700 jobs with it.
You know the NBN is dead when not even the FttN haters bother to shellac Malcolm Turnbull's blogs. As Telstra reasserts control over the NBN and the Coalition government flounders, can we actually expect anything from the NBN anymore?
NBN Co's high speed products might now come with a warning that the full speed may not be achievable on fibre to the node, following controversy over plans to retain the fibre speed tiers.
Three of the old guard of NBN Co executives will leave the company over the next few months as new CEO Bill Morrow starts to overhaul the government-owned company.
The Communications Union has branded NBN Co's trial of fibre via Aurora's power poles as a political stunt, because NBN Co has used that deployment method in the past.
NBN Co's deal to pay Telstra to access its duct and pipe infrastructure limits the government's ability to reduce the cost of the fibre-to-the-premises rollout, according to Communications Minister Malcolm Turnbull.
Fibre network construction will continue for the NBN in Tasmania for at least another 36,000 premises while the government assesses a plan to use Aurora's pole infrastructure.