MEDIA RELEASE - NBN HITS ONE MILLION USERS MILESTONE AHEAD OF TIME, BELOW BUDGET
25 May 2016
The nbn’s 2016 connection targets have been smashed two months ahead of schedule as the network connects its one millionth paying customer.
This one millionth customer milestone delivers on the Turnbull Coalition Team’s plan and the hard work of nbn’s management, 5,000 employees and thousands of construction contractors.
The nbn has consistently met its operational milestones over the past eight quarters and has already exceeded its corporate plan revenue goal.
In less than one year, the nbn has more than doubled its coverage from 1.16 million premises last July to more than 2.5 million today.
The Coalition’s management of the nbn will see the network completed six to eight years sooner than under Labor’s plan and at around $30 billion less cost.
The Turnbull Coalition Government is delivering on its plan. Compare this to the previous Labor Government that proved incapable of delivering on its nbn plan.
Under the former Labor Government, the nbn rollout was so badly managed that by mid-2013, the rollout had fallen 85% short of the planned target and nbn contractors had downed tools in four states.
Under Labor, $6.5 billion was spent over four years to connect just 51,000 nbn users.
Under the Turnbull Government’s faster rollout plan, the nbn is connecting up more than 60,000 homes a month. As at 19 May there were 1,003,474 paying customers.
The weekly rollout tally is available at http://www.nbnco.com.au/corporate-information/about-nbn-co/corporate-plan/weekly-progress-report.html
Media contact: Justine Sywak 0448 448 487