iTWire
Wednesday, 04 August 2021 10:17
Aussie Broadband 4Q FY21 trading update
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Over the quarter, Aussie Broadband has grown connections and revenue and expects EBITDA for the year excluding IPO costs to be at the upper end of the guidance provided on 28 May 2021 ($17 million to $20 million).
Overall broadband connections were 400,848, an increase of 27,790 or 7.4% QoQ. At the end of the quarter business broadband connections were 35,354, an increase of 3,825 or 12% QoQ, and mobile services were 22,454, an increase of 3,770 or 20% QoQ.
Aussie Broadband reported that it had increased its market share of NBN services to 4.9% at the end of the quarter, up from 4.4% the previous quarter.