MEDIA RELEASE - Results show NBN on the right track
5 February 2016
The Government has welcomed NBN Co
Limited’s half yearly results, in particular, initial customer research showing
the level of satisfaction with broadband services delivered using Fibre-to-the
Node (FTTN) technology are the same as those using the gold plated
Fibre-to-the-Premises (FTTP) technology.
The results are a clear indication
that the lower cost, more efficient FTTN network and multi-technology mix is
the right choice to deliver high speed broadband to homes and business across
The half yearly results also reveal
that the rollout of the National Broadband Network is accelerating, with 1.7
million homes and businesses now able to order a connection. The rollout under
Labor was painfully slow, a miserly 51,000 users were connected to the fixed
network by the 2013 election, results today show that number of total connected
premises was 736,000 as at the end of 2015.
Financially, the company met or
exceeded its targets with revenue from the six months to 31 December 2015 more
than doubled when compared to revenue from the corresponding previous period.
This is in stark contrast to the Labor’s rollout where the NBN Co failed to
meet every rollout target it set itself.
The company is continuing to work
closely with state and territory education, skills and workforce development
departments and training providers to generate the 4,500 skilled workers
required to build, operate and maintain the network.
The Government congratulates the
management team of nbn who are focussed on building out the network, improving
customer experience and creating the infrastructure needed to support
NBN under Labor was one of the most poorly managed projects in the history of
the Commonwealth. The Labor Party should blush with embarrassment whenever they
mention the NBN.
Coalition is committed to delivering fast broadband to all Australians, sooner
and at least cost to taxpayers.
The nbn Corporate Plan estimates that continuing with
an all-fibre build to completion would require funding of between $74 billion
and $84 billion, and could not be completed until at least 2026.
The Labor Opposition have
indicated they will return to their extravagant FTTP disaster. Further
adding to the black hole of their unfunded policy announcements.
Labor need to come clean with the Australian people on how they plan to pay for
their extravagant and failed policy and how much longer they will make
Australians wait to be connected to the NBN.
Media contact: Justine
Sywak | 0448 448 487 | firstname.lastname@example.org