NBN Co
Performance summary for the six months to 31 December 2022:
- Key performance metrics on track to meet Corporate Plan 2023 guidance
- Total revenue of $2.6 billion for the six months to 31 December 2022, up 4 per cent on H1 FY22
- Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)1 of $1.8 billion, up 20 per cent on H1 FY22
- Residential Average Revenue Per User (ARPU) of $47 per month, up 1 per cent on H1 FY22
- Raised a further $2.6 billion from bank facilities and debt capital markets during H1 FY23. Repaid a further $875 million of the Commonwealth loan, reducing the outstanding balance to $5.5 billion (original Commonwealth loan was $19.5 billion)
- More than 8.5 million premises connected to the network, with 77 per cent of customers connected to plans based on speed tiers offering wholesale download speeds of 50 Mbps and above2 and 21 per cent of customers connected to plans based on speed tiers offering wholesale download speeds of 100 Mbps3,4 and above
- Network investment plan on track to offer nbn® Home Ultrafast services with wholesale download speeds of 500 Mbps to close to 1 Gbps5,6 to up to 10 million premises or around 90 per cent of the fixed line network by the end of 2025.
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