NBN Co loss deepens to $696M as revenue hits $2.8B
NBN Co’s loss for the first half of the 2024 financial year has deepened to $696 million in the red, while total revenue reached a positive $2.8 billion.
Source: arnnet.com.au
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NBN results: Free upgrade to full-fibre NBN numbered 200,000 in second half of 2023
The company’s losses have ballooned, but NBN Co says that’s all part of the plan as Australians increasingly upgrade to ultra-fast broadband plans.
Source: brisbanetimes.com.au
NBN Co receiving more fibre orders than it can connect
As number of customers upgraded to fibre approaches 200,000.
Source: itnews.com.au
iTWire - NBN Co losses blow out to $692m for first half of fiscal 2024
NBN Co, the company rolling out Australia's national broadband network, has recorded a half-year loss of $692 million for the first six months of...
Source: itwire.com
Qantas, Air New Zealand profits soar as post-COVID travel zooms
SYDNEY (Reuters) -Australia's flagship Qantas Airways Ltd and its cross-Tasman rival Air New Zealand posted huge profits on Thursday, boosted by the return of robust travel demand in the post-pandemic era. Air travel has boomed since the removal of pandemic restrictions and border closures in both countries last year. European airlines like Germany's Deutsche Lufthansa and Air France-KLM have also given upbeat forecasts for demand.
Source: yahoo.com