Oz Blog News Commentary

Is an NBN writedown imminent?

June 20, 2019 - 10:45 -- Admin

By Leith van Onselen Last month, the NBN reported that it “continues to bleed” cash as revenue targets remain elusive: In its third-quarter results, released on Monday, NBN Co announced revenues of $2 billion but a net loss of $3.4 billion for the nine months to March 31, bringing accumulated losses to $20.7 billion over

The post Is an NBN writedown imminent? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]