| Hi John, NBN Co has reported a record loss for both a quarter and a half-year, with the company losing $1.13 billion for the three months October to December 2017 and running up a $2.4 billion loss for the first six months of financial year 2018.
Based on the half-yearly results announced on Monday, the NBN Co is looking at a further cost blowout of $450 million on the HFC network, the Australian Labor Party claims.
Despite the fact that a number of suburbs which were marked down to get the national broadband network via HFC cable have had a quiet change of technology, NBN Co head honcho Bill Morrow says that there is no change in the HFC rollout.
In 2018, even a company like Microsoft, which once described Linux as a cancer, has no problem dealing with the open source operating system. But NBN Co, the company rolling out Australia's national broadband network, appears to have issues.
YouTube has announced further restrictions on the use of the site beyond the existing rules for striking channel owners off when videos deemed unsuitable are uploaded, in a clear indication that all the steps it has taken over the last 10 months to sanitise the platform have not had the desired effect.
MGM Wireless, creator of the Spacetalk smartphone, GPS and watch, has reported great sales, with international sales commenced, sales in Aussie retail stores expected and MWC 2018 attendance in Barcelona confirmed. And of course, there's plenty more so for all the news visit www.itwire.com.
Have a great day!
Stan Beer, Editor in Chief, iTWire
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