Tuesday, October 29, 2013

NBN Co posts annual loss of nearly $1 billion - ABC News (Australian Broadcasting Corporation)

NBN Co posts annual loss of nearly $1 billion - ABC News (Australian Broadcasting Corporation): "The company building the national broadband network has posted a loss of nearly $1 billion for last financial year.

The NBN Co's annual report has just been released, and shows its total loss has grown to $903 million.

The company, which is chaired by former Telstra boss Ziggy Switkowski, made revenue of nearly $66 million."

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