nbn (telecommunications company)
||It has been requested that the title of this article be changed to NBN Co Limited. Please see the relevant discussion on the discussion page. Do not move the page until the discussion has reached consensus for the change and is closed.|
bring it on
Bill Morrow (Chief Executive Officer)Dr Ziggy Switkowski (Executive Chairman)
|Services||Wholesale data network|
|Revenue||A$421 million (2016)|
|A$-1.572 billion (2016)|
|Total assets||A$18.552 billion (2016)|
|Total equity||A$20.275 billion (2016)|
Number of employees
|5000+ (2016) |
||This article needs to be updated. (February 2017)|
NBN Co was established on 9 April 2009 under the name of its company number, "A.C.N. 136 533 741 Limited". After the establishment, the Australian Government started referring to the company as "National Broadband Network Company", which became the de facto company name. It was officially named "NBN Co Limited" on 6 October 2009. It traded as "NBN Co" until 26 April 2015 when it began trading simply as "nbn™".
- Ziggy Switkowski - Chairman
- Bill Morrow - Managing Director & Chief Executive Officer
- Patrick Flannigan - Non-Executive Director
- Shirley In’t Veld - Non-Executive Director
- Justin Milne - Non-Executive Director
- Kerry Schott - Non-Executive Director
- Mike Quigley Interim Chairman and a Director of NBN Co 24 July 2009 – 15 March 2010, Director 15 March 2010 – 3 October 2013.
- Simon Hackett - Non-Executive Director
- Alison Lansley - Non-Executive Director
Below is the management structure of NBN Co
|Chief Executive Officer
|Head of Regulatory Affairs
|Chief Legal Counsel
|Chief Strategy Officer
|Chief Financial Officer
|Chief Customer Officer
|Chief Operating Officer
At the end of June 2016, NBN Co had over 5,000 employees.
Ownership and funding
Under the previous government's NBN Co corporate plan, it was estimated that the NBN construction would require A$27.5 billion in Government equity and raise an estimated A$13.4 billion in debt funding without government support; a total funding requirement of A$40.9 billion up to FY2021. Financial forecasts for NBN Co assuming a 7% Internal Rate of Return (IRR) expect the Government and Debt equity will be fully repaid including accrued interest by FY2040. Following the election of the Abbott government, NBN Co reassessed financial forecasts and progress of the NBN roll-out and published a Strategic Review in December 2013.
This has resulted in the implementation of both FTTN (Fibre to the node) technology in metropolitan areas, and LTE Fixed wireless technology in regional areas.
- "NBN Co Limited". Australian Government Directory. Australian Government. Retrieved 9 December 2014.
- NBN Co (16 August 2016). "Full Year Results" (PDF). Retrieved 6 September 2016.
- NBN Co Limited, National names index, Australian Securities and Investments Commission, retrieved 2 June 2011
- LeMay, Renai; Tindal, Suzanne (7 April 2009), NBN company established, looks for CEO, ZDNet, retrieved 1 June 2011
- LeMay, Renai (7 October 2009), It's official: 'NBN Co. Ltd' is the name, ZDNet, retrieved 1 June 2011
- Beer, Stan (7 April 2009), NBN to make 49% up for grabs but who wants it?, iTWire, retrieved 1 June 2011
- Tindal, Suzanne (1 May 2009), NBN company constitution revealed, ZDNet, retrieved 1 June 2011
- LeMay, Renai (30 April 2009), NBN company details hard to find, ZDNet, retrieved 1 June 2011
- Ramli, David (25 April 2015), NBN Co spends $700,000 to drop 'Co', Sydney Morning Herald, retrieved 27 April 2015
- "nbn Australia's broadband network Annual Report 2015-16" (PDF). www.nbnco.com.au. nbn™. 20 September 2016. Retrieved 15 February 2017.
- "NBN Co Annual Report 2013-14" (PDF). www.nbnco.com.au. NBN Co. Retrieved 15 February 2017.
- "NBN Co Management Structure". NBN Co. Retrieved 7 Nov 2013.
- NBN Co. NBN Co Annual Report 2010 (PDF) (Report). NBN Co. Retrieved 22 March 2012.
- NBN Corporate Plan (PDF) (Report). NBN Co. 17 December 2010. Retrieved 22 March 2012.