The upgrades will enable customers living and working in these premises that are currently served by Fibre to the Node (FTTN) to become eligible for Fibre to the Premises (FTTP) upgrades, on demand, when the customer orders certain retail plans from their service provider.
NBN has already pledged upgrades to 1.4 million premises, so this takes the total to 1.6 million premises. The FTTN to FTTP network upgrade program eventually aims to enable up reach up to 2 million premises to access nbn Home Ultrafast (FTTP), which offers wholesale download speeds of close to 1 Gbps on demand.
NBN Co expects to enable internet retailers to begin taking orders for higher speed tiers from the first eligible customers from March 2022 and customers are invited to register for updates on the NBN website.
The announcement forms part of the company’s wider $3.5 billion network upgrade program, which aims to make NBN’s highest wholesale speed tiers available to around 8 million premises or up to 75 per cent of homes and businesses on the fixed line network by 2023.
“Over the last 12 months we have so far identified the suburbs and towns where 1.6 million premises will benefit from fibre pushed deeper into communities so that more customers can access NBN Home Fast, Home Superfast or Home Ultrafast services, on demand,” said Kathrine Dyer, chief operating officer at NBN Co.
“We have always maintained a good balance in our approach to these upgrades, so that we deliver balanced benefits to metropolitan and regional Australia.”
A list of the suburbs and towns eligible is available on the NBN website.
“More than 110,000 new homes and businesses were connected to the NBN network during the quarter, taking total activations to 8.3 million,” said Paul Fletcher, Minister for Communications, Urban Infrastructure, Cities and the Arts.
“More than 40 per cent of the fixed line network is now gigabit enabled as part of NBN Co’s broader $3.5 billion network investments that will see up to 75 per cent of the fixed line network able to access ultrafast broadband by the end of 2023."
NBN Co’s Q1 FY22 financial results for the three months to 30 September 2021 were in line with previously provided guidance. The company generated $1.25 billion in total revenue during the first quarter of FY22, up 17 per cent year-on-year.
Finance Minister Simon Birmingham said NBN is now moving to its “operational” phase and has repaid another $2.325 billion of its government loan.