iiNet targets NBN as key growth opportunity – ARN

iiNet targets NBN as key growth opportunity – ARN

iiNet has identified the NBN as a key growth opportunity for the company as the rollout creates a “level playing field” for the Internet service provider in a presentation to investors. This follows an indication from NBN Co chief operating officer, Greg Adcock, that NBN Co may look to purchase iiNet’s Canberra fibre to the node network, TransACT. The NBN Co purchase would follow its 2013 purchase the iiNet’s fibre-to-the-premise network in Canberra. NBN Co bought TransACT’s fibre network covering around 8,500 premises for $9 million in September last year. iiNet today outlined its plans to increase market share on the back of the NBN rollout in a Goldman Sachs presentation to investors.

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