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NBN Co Sees 4% Revenue Rise, Expands Fiber Access

2/12/2025

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Summary

Story summary

NBN Co celebrated a robust 4% revenue boost, reaching $2.87 billion, fueled by a surge in high-speed broadband subscriptions. In just six months, over 217,000 homes gained access to fibre, with ambitious plans to connect an additional 622,000 by 2030. Incoming CEO Ellie Sweeney emphasized that NBN's fixed network delivers faster, unlimited data, outpacing Starlink.

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Story summary

NBN Co celebrated a robust 4% revenue boost, reaching $2.87 billion, fueled by a surge in high-speed broadband subscriptions. In just six months, over 217,000 homes gained access to fibre, with ambitious plans to connect an additional 622,000 by 2030. Incoming CEO Ellie Sweeney emphasized that NBN's fixed network delivers faster, unlimited data, outpacing Starlink.