Comcast will report its first quarterly earnings on Thursday.It will report net income of $4.7 billion for the year ended December 31.Comcast shares are up 7.8% this year, the best performance in five years.Comcast shares were up 1.3% at $62.23 on Thursday, the biggest gain since July 31.The company's stock is up about 40% since late May, when it was trading below $60.In recent years, Comcast has ...
It’s been a tough few months for people in Melbourne, and there’s plenty of reasons why.
The NBN rollout has been under scrutiny for a long time, and the state’s power industry has been suffering from record losses, even as consumers have been told they could still save thousands of dollars with cheaper alternatives.
As a result, people are looking for new and better options, and one company is making waves to change that.
Wave Communications is offering to provide a new service to its customers that is designed to save money and speed up their internet connection.
In a press release announcing the announcement, Wave says its broadband offering will be 100Mbps up and 25Mbps down.
The company says its customers can expect speeds of up to 1Gbps, with the option to upgrade to 4G, which will provide faster speeds at lower cost.
It’s a move that some are saying is good news for those in Melbourne who have been waiting years for the NBN to be rolled out.
“We’ve been waiting for this service for so long,” said Victoria’s chief technology officer, Paul Tuffey, in a statement.
“This is a huge deal for the Melbourne market and it’s great that Wave has jumped in.”
The new service is also available in Perth, which has had its fibre-to-the-node rollout halted by a court challenge.
The service is available to people who are already using their existing broadband, or who are planning to move to Wave’s fibre-based network.
The announcement comes after NBN Co was accused of having a “stunt” on the rollout by making the rollout slower than anticipated.
The government has also launched a $6.4 billion inquiry into the rollout, which is expected to finish by March 2019.