NBN discounts ease customer congestion

February 12, 2018

NBN Co CEO Bill Morrow says first-half revenue more than doubled as new connections surged.

NBN Co has more than doubled its first-half revenue thanks to a surge in the number of Australian homes and businesses connecting to the national broadband network.

The company responsible for the NBN rollout says revenue for the six months to December 31 had risen to $891 million, from $403 million a year ago, with more than 940,000 new homes and businesses signing up to the network.

NBN Co said that by December 31, there were 6.1 million premises ready to connect, up from 3.7 million at the same time a year ago, and 7.1 million premises ready for service, up from 3.8 million.

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