NBN Co issues update on rollout progress at end of financial year

11 Jul 2014

NBN Co, the company overseeing the management and construction of Australia’s National Broadband Network (NBN), has said it has ‘reinforced its momentum’, confirming that it has exceeded nearly every major forecast set by the company’s board of directors for the first time.

Ahead of Senate Select Committee hearing due to be held today, the company made an announcement confirming that as at 30 June 2014 the NBN had been made ready for service for 658,000 premises, with 210,000 homes and businesses said to have been activated. Further, NBN claims to have met its forecast of having more than 380,000 brownfield premises ready for service. NBN Co has also reportedly overcome earlier issues in the new development areas, such as housing estates and shopping centres, with more than 111,000 premises passed in such areas. In the fixed-wireless arena, NBN Co closed out the financial year by switching on 366 fixed wireless facilities over the twelve-month period, enabling access for more than 112,000 premises with more than 16,000 Australians said to already be using the network.

Commenting on the project’s progress, NBN Co chief executive officer Bill Morrow was cited as saying: ‘While there has been an ongoing effort throughout the year, these achievements are a result of the hardworking employees, contractors and third party partners under the direction of a new leadership team … We are heading in the right direction and are very focused on creating an environment for our people that engenders success and translates to quicker access for all Australians to a fast, affordable NBN.’

Australia, NBN Co