iTWire Friday, 07 May 2021 01:47 NBN reckoning coming? Aussie Broadband is the latest to warn the NBN needs to rebalance its pricing Featured
Even with the NBN Co as a government entity in public hands (at least for now), the companies that retail the nbn service are faced with artificially limited capacity and pricing constraints while selling an unlimited product to consumers, leading to six month introductory deals that then raise the price afterwards - and it’s no surprise to see Internet providers and end-users still complaining about the NBN alike.
Aussie Broadband’s Managing Director Phillip Britt has warned the industry needs a rapid rebalance in NBN’s wholesale pricing to avoid uncertainty over the next two years.
Aussie Broadband to let resellers sell its services under their own brand
Aussie Broadband to let resellers sell its services under their own brand
Launches RSP white label product for NBN, Opticomm and VoIP services.
Phil Britt (Aussie Broadband) Credit: Aussie Broadband
Aussie Broadband is to start letting reseller and retail service provider (RSPs) partners sell its products under their own branding with a new white label solution.
The National Broadband Network- (NBN) focused telecommunications provider will cover its internet and voice-over-IP (VoIP) service, with one unnamed customer already reportedly signed up.
The company’s new white label capacity provides NBN, Opticomm and VoIP services, and will allow white label customers to choose elements from Aussie Broadband’s product cycle that suit their needs.
PHOTO:
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Aussie Broadband sees market share increase as losses deepen
Aussie Broadband sees market share increase as losses deepen
Now has 300 MSPs using its Carbon platform
Phil Britt (Aussie Broadband) Credit: Aussie Broadband
Aussie Broadband s revenue increased 89 per cent to $157.4 million during the six months ending 31 December last year, while earnings before tax jumped 87 per cent to $7.3 million and net profit before tax sank even further into the red at $10.5 million.
These are the first results that the company has posted since it was listed on the Australian Securities Exchange (ASX) in October with a $40 million initial public offering (IPO).
Under the IPO, 40 million shares were offered at $1 per share, giving the company an initial market capitalisation of $190.3 million.