NBN update plus our views on sale options and timing

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NBN update plus our views on sale options and timing

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NBN update plus our views on sale options and timing
Key NBN 1H19 financials were roughly in line with expectations, but the growing number of Service Class 0 premises may be a threat to NBN’s activation targets, and an opportunity for bypass options such as fixed wireless
Given the upcoming federal election, what sale options and strategies could the Government consider in 2019?
On 18th February 2019 NBN released its first half FY19 results. Overall the announcement presented a positive view of NBN’s performance, with CEO Stephen Rue stating that the company is “on track” to complete their rollout of 8 million activated premises by 2020. Total premises activated reached 4.7 million, representing more than 40% of all Australian households. There was also some positive performance for its ARPU, rising from $44 to $45.