& cplSiteName &

Australia's NBN Aims for 2020 Completion

Light Reading
News Wire Feed
Light Reading
8/31/2016

SYDNEY -- nbn today released its Corporate Plan 2017, outlining the complete network rollout and integrated business plan through to 2020. Key nbn targets for FY2020 as compared to Corporate Plan 2016:

  • Remains on track to complete network build by 2020
  • Remains on track to connect 8 million premises by 2020;
  • Increased annual revenue for FY2020 to an estimated $5bn, with ARPU forecast to $52;
  • Remains on track to complete network build with peak funding of $49bn;
  • Decreased top end of peak funding range by $2bn to $46-54bn; and,
  • Increased IRR to 3.2 - 3.7 per cent.

    With the insight and experience from another twelve months of constructing and operating the network and the release of the full range of Multi-Technology Mix (MTM) products, nbn has released its Corporate Plan 2017.

    Already today, nearly two thirds of all Australian premises are either in design, construction or able to order an nbn service. This increased in-field experience provides greater accuracy of the design, construction and activation processes and the total costs across the technology mix.

    Looking to adopt a more flexible approach to new and evolving technologies and to the rollout, nbnhas provided a detailed outlook to deliver the nbn network on time and at the least possible cost.

    NBN Co Ltd.

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    Upcoming Live Events
    October 22, 2019, Los Angeles, CA
    November 5, 2019, London, England
    November 7, 2019, London, UK
    November 14, 2019, Maritim Hotel, Berlin
    December 3-5, 2019, Vienna, Austria
    December 3, 2019, New York, New York
    March 16-18, 2020, Embassy Suites, Denver, Colorado
    May 18-20, 2020, Irving Convention Center, Dallas, TX
    All Upcoming Live Events