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.
The launch of NBN's second satellite, which will provide the Australian population living in regional and remote areas with high-speed broadband, has been delayed due to poor weather.
Due to greater than expected demand, satellite customers are having to wait an average of five weeks to be connected and are experiencing 'multiple' network failures, NBN CEO Bill Morrow has said.
The satellite connectivity issue was caused by a software upgrade, with NBN also certain that it will 'never' see capacity constrain speed across its service thanks to beam-management technology.
After a 24-hour delay from poor weather, NBN's second satellite has been launched to provide the Australian population living in regional and remote areas with high-speed broadband.
Malcolm Turnbull would have been quietly relieved to preside over the unveiling of Australia's first FttN NBN customers. But the launch did nothing to clarify questions around the government's relationship with Telstra, the competitive stance of the Coalition's NBN, and the nagging suspicion that Turnbull is digging himself into a deep, deep hole.
The Queensland Liberal National government has called for the federal government to divert funding from the National Broadband Network rollout to improve mobile coverage in flood-affected areas.
As Labor's fiscal policy comes to resemble the hatchet job long promised by the Coalition, is it right to leave the NBN untouched?
Assuming that the NBN progresses as planned, ISPs need to plan their copper-loop investment strategies as they wind down their ADSL2+ services and shift to the NBN over the next decade. Yet, as a group of providers buys more DSLAMs and then clamours to be reimbursed for benefiting from the competitive market of the past 14 years, it's clear that the reign and importance of ADSL2+ is still not over.
Veteran lobby organisation the Australian Telecommunications User Group (ATUG) is set to wind up after over 30 years of representing telecommunications customers.