NBN Co aims to pass one million premises by June 2015

28 Aug 2014

NBN Co, the company overseeing Australia’s National Broadband Network (NBN) project, has said it is aiming to have one million serviceable premises by the end of June 2015, of which it hopes to have activated around 480,000. Revealing the targets as part of the publication of its annual report, the company confirmed that at the end of June 2014 552,000 premises were in a position to order an NBN service via one of the various technologies being deployed, with more than 210,000 households having done just that.

On the back of the network expansion and increased uptake, NBN Co noted its revenues for the year to end-June 2014 rose fourfold to AUD61 million (USD56 million), while average revenue per user (APRU) remained stable at AUD37.34 per month. In terms of capital expenditure, in the twelve-month period under review this stood at AUD2.480 billion, up from AUD1.767 billion in the previous year.

Of the 210,628 active NBN customers reported at the end of June 2014, fibre-based users represented the bulk of connections, accounting for almost 72%, or 151,127, of the total at that date. Those connected to a service offered via the company’s Interim Satellite Service meanwhile numbered 42,948 at end-June 2014, up from 34,640 a year earlier, with fixed-wireless users accounting for the remaining 16,553 NBN accesses (up from 1,874 at mid-2013).

Australia, NBN Co