NBN Co releases 3 year forecast

NBN Co releases 3 year forecast

The National Broadband Network (NBN) is a government-funded initiative that aims to provide high-speed internet access to all Australians. The NBN Co, the company responsible for the rollout of the network, has recently released a forecast for the next three years, outlining its plans for expansion and improvements to the network.

One of the main focuses of the forecast is the continued rollout of the network to regional and remote areas of Australia. The NBN Co plans to connect an additional 1.5 million premises in these areas over the next three years, which will bring the total number of connected premises to around 7 million. This is a significant increase from the current figure of around 4.5 million and will go a long way towards achieving the government's goal of providing high-speed internet access to all Australians.

The NBN Co also plans to increase the availability of higher speed plans on the network. Currently, around 75% of premises are able to access plans with download speeds of 50Mbps or higher. However, the company plans to increase this figure to 90% over the next three years. This will make it easier for consumers to access faster internet speeds, which will be especially beneficial for those who engage in activities such as streaming high-definition video or online gaming.

In addition to expanding the network and increasing the availability of higher speed plans, the NBN Co also plans to improve the overall performance of the network. The company plans to implement a number of measures to reduce congestion and improve the reliability of the network. For example, the company plans to increase the capacity of the network to better handle peak traffic periods, as well as implementing new technologies such as software-defined networking to improve network efficiency.

Another key focus of the forecast is the continued rollout of the Fibre-to-the-Premises (FTTP) technology. FTTP is currently the most advanced and future-proof technology available on the network, and the NBN Co plans to connect an additional 1 million premises to the technology over the next three years. This will bring the total number of premises connected to FTTP to around 2.5 million.

The NBN Co also plans to continue to improve the customer experience by offering more flexible and tailored plans to suit different needs and budgets. The company plans to offer a wider range of plans, including more unlimited data plans and customised plans for specific customer segments such as small businesses and seniors. The company also plans to improve its customer service by offering more online self-service options and providing more detailed information about the network and the services available.

Overall, the forecast released by the NBN Co for the next three years is positive and ambitious. The company's plans to expand the network to regional and remote areas, increase the availability of higher speed plans, improve network performance, and improve the customer experience are all important steps towards achieving the government's goal of providing high-speed internet access to all Australians. With continued investment and development, the network is likely to continue to improve and provide even more benefits to consumers in the coming years.

In conclusion, the forecast of the NBN Co for the next three years is ambitious and promising. The company is planning to connect more premises in the regional and remote areas, increase the availability of higher speed plans, improve the network performance and the customer experience. These actions will help the company to achieve the government's goal of providing high-speed internet access to all Australians. With the continued investment and development, the network is expected to continue to improve and provide more benefits to the users.

1 year ago