70% of premises ready for nbn service
As of the end of December, there were 8.1 million homes and businesses ready to connect to the nbn, which represents a 32% year-on-year increase, the report shows.
Meanwhile, total active users increased by 38% over the same period to 4.6 million premises, while total revenue grew 46% to just over $1.3 billion.
This revenue growth was aided by a $1 year-on-year increase in monthly wholesale average revenue per user (ARPU) to $45. The company said it is on track to achieve its target of $51 in ARPU by FY22.
Fibre-to-the-node (FTTN) connections make up the slim majority of active connections, at 2.56 million, with fibre-to-the-premises (FTTP) the next highest at 1.27 million.
These numbers are reflected in the company’s revenue breakdown for the six-month period, with FTTN accounting for $414 million in total revenue and FTTP accounting for $246 million.
Separately, NBN Co’s monthly progress report for December shows that the proportion of right first time activations increased to 93%, from 86% a year ago, but the percentage of connections that met agreed installation times decreased slightly from 94% to 93%.
“With less than 18 months of the rollout remaining, there is a significant amount of work still to be done in partnership with the industry, as we continue our momentum to deliver on our biggest ever deployment year and transition into our biggest activation year,” NBN Co CEO Stephen Rue said.
“I have full confidence in our ability to reach our 2020 target as our strong track record demonstrates. The executive leadership team remain focused on ensuring universal broadband access to all of Australia by the middle of next year.”
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