Nbn (telecommunications company)
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| Government-owned corporation | |
| Industry | Telecommunications |
| Founded | April 2009 |
| Headquarters | Sydney, Australia |
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Key people
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Bill Morrow (Chief Executive Officer) Dr Ziggy Switkowski (Executive Chairman) |
| Services | Wholesale data network |
| Revenue |
 A$421 million (2016)
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A$-1.572 billion (2016)
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| Total assets |
A$18.552 billion (2016)
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| Total equity |
A$20.275 billion (2016)
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| Owner | Australian Government |
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Number of employees
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5000+ (2016) |
| Website | www |
Bill Morrow (Chief Executive Officer)
NBN Co Limited (trading as nbn) is an Australian government-owned corporation tasked to design, build and operate Australia's National Broadband Network. It reports to two shareholder ministers: the Minister for Finance and the Minister for Communications
NBN Co was established on 9 April 2009 under the name of its company number, "A.C.N. 136 533 741 Limited". After the establishment, the Australian Government started referring to the company as "National Broadband Network Company", which became the de facto company name. It was officially named "NBN Co Limited" on 6 October 2009. It traded as "NBN Co" until 26 April 2015 when it began trading simply as "nbn™".
As a wholesale provider of broadband access through its level two networks, nbn provides broadband access predominantly to retail service providers (RSPs); these businesses on sell access to end users; both residential and business customers to access the internet.
At 30 June 2016, Telstra had 45.5%, Optus 12.4% and TPG group about 24.8% of all end users connecting to the NBN.
There has been a significant failure of the NBN to deliver nominal performance to end users. There has been contention between RSPs and nbn on the reasons for this. Bill Morrow, CEO of nbn, has admitted that 15% of end users are receiving a poor service through the NBN and are 'seriously dissatisfied'. In addition, Morrow indicated that, at July 2017, prices and performance for end users are suppressed through a 'price war' between RSPs.
nbn contracts mainly with RSPs to provide wholesale broadband access, with limited supply of backhaul to other organisations (for example providing backhaul services to Vodaphone).
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Wikipedia