December 20, 2014 2:29 PM ET

Diversified Telecommunication Services

Company Overview of NBN Co Limited

Company Overview

NBN Co Limited operates a network for fixed line phone and Internet services. The company offers access to broadband network through fiber, fixed wireless, and satellite technologies for homes, as well as education, business, entertainment, health care, and social clients in Australia. It also offers and installs network equipment. The company offers its products and services through wholesale customers, including telephone and Internet service providers, and utilities. NBN Co Limited has strategic relationships with Telstra and Optus. The company was founded in 2009 and is based in North Sydney, Australia.

Level 11

100 Arthur Street

North Sydney, NSW 2060

Australia

Founded in 2009

Phone:

61 2 9926 1900

Fax:

61 2 9926 1901

Key Executives for NBN Co Limited

Chief Executive Officer
Age: 54
Executive Chairman
Age: 66
Chief Financial Officer
Age: 48
Chief Operating Officer
Interim Chief Information Officer and General Manager of Business Support Systems
Compensation as of Fiscal Year 2014.

NBN Co Limited Key Developments

Competition Regulator Wants NBN To Be Broken Up

The Australian Competition and Consumer Commission want NBN Co Limited to be split into three parts before it's privatised. "Let me make a suggestion on separation timing. It should be done prior to any privatisation of NBN. After that time, it is highly unlikely that separation will ever occur " the competition regulator's Chairman Rod Sims said.

NBN Co Reports Revenue Results for the First Quarter of Fiscal Year 2015

NBN Co reported revenue results for the first quarter of fiscal year 2015. For the quarter, the company posted revenues of AUD 29 million, up from AUD 9 million in the same quarter the previous fiscal year.

NBN Co Reports Earnings Results for the First Quarter of Fiscal Year 2015

NBN Co reported earnings results for the first quarter of fiscal year 2015. For the quarter, the company delivered revenue of $29 million compared to $9 million, up 32% for the quarter and triple what it was a year. The company incurred $677 million in capital expenditure for the period compared to $6.3 billion a year ago. LBITDA was $252 million.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 14, 2014
SingTel Optus Pty Ltd., Hybrid Fibre Coaxial Network and Ancillary Assets
Merger/Acquisition
August 14, 2014
Telstra Corporation Limited, Copper And The Hybrid Fibre-Coaxial Networks
 

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