Hi John, The rollout of Australia's national broadband network will be completed by 2020 as has been repeatedly stated, the company behind the rollout, NBN Co, said during the presentation of its corporate plan for 2019-2022 on Friday but the $51 billion project has had problems with its HFC and fixed wireless networks.
NBN Co will not achieve its desired $52 average revenue per user target to remove the red ink from its national broadband budget, even by FY22, two years after the rollout is completed in 2020. Data centre operator NextDC has reported revenue of $161.5 million for the full year 2018 – a 31% increase on 2017 revenue of $123.6 million – on the back of what the company says is a “booming demand” for data centre infrastructure in Australia. A Republican senator in the US has asked the Federal Trade Commission to investigate Google over what could be anti-competitive acts in its "search and digital advertising practices". New Zealand’s competition regulator The Commerce Commission is undertaking a study on the performance of the country’s mobile market and delivery of services to consumers. European telco executive Niek Jan van Damme is set to join the board of Australia’s largest telco Telstra, while three directors are on the way out. And of course, there's plenty more so for all the news visit www.itwire.com. Have a great day! Stan Beer, Editor in Chief, iTWire ADVERTISE IN THIS NEWSLETTER & iTWire.com Contact: andrew.matler@itwire.com 0412 390 000
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