Fri, 27 February 2015
The National Broadband Network has announced its half-yearly results to December 2014, posting significant increases in revenue and end users but an overall loss of $A497 million.
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Wed, 25 February 2015
Whilst serviceable premises increased 35 per cent to almost 750,000 in the six-month period, National Broadband Network (NBN Co) recorded an earnings-before-interest loss of $A497 million (an increase of four per cent year-on-year) and operating expenses of $A562 million (up 12 per cent year-on-year).
Despite the losses, telecommunications revenue for the company increased 191 per cent year-on-year to $A64 million, with end users increasing 53 per cent to approximately 322,000.
Average revenue per user (ARPU) rose from $A3 to $A39 year-on-year, driven by greater demand for capacity from NBN retail servi...
Construction has commenced on AusNet Services
’ second natural gas pipeline from Geelong to Torquay, a $A2.9 million project that will be installed using horizontal directional drilling.
Mon, 23 February 2015
Tunnel boring machine ‘Alice’ has completed her first stage of tunnelling on New Zealand’s $NZ1.4 billion Waterview Connection project
and must be turned around to begin the next section.
Thu, 19 February 2015
Construction group Seymour Whyte
has announced the awarding of a $A87 million contract for the Green Square Trunk Stormwater Project
to the Drying Green Alliance.
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Tue, 17 February 2015
John Holland Group
has begun construction on a 17 km pipeline in Melbourne’s outer western suburbs, which will use microtunnelling at several key crossings.
Fri, 13 February 2015
The final go-ahead has been given for Sydney’s $A2.6 billion NorthConnex project
, which will see two 9 km tunnels constructed by a Lend Lease-Bouygues joint venture.