NBN Co is set to begin work on 550,000 additional Australian premises in Queensland, Victoria, NSW and Western Australia.
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NBN Co is set to pull the plug on fibre-to-premise deployments, but will consider a 'fibre on demand' product so that individuals or businesses with specific speed requirements can purchase fibre-to-the-premise broadband internet.
NBN Co has recorded a loss of $252 million and revenue of $29 million in its 2015 first quarter financial results.
NBN Co has expedited its roll-out of Fibre-to-the-Basement technology in a direct challenge to TPG's attempt to cherrypick value inner-city customers.