NBN Co has hit its target of 758,000 premises construction commenced or completed, it said today.
In fact, the company changed with building the $37 billion National Broadband Network, said it “slightly exceeded its target ” for the end of 2012.
The NBN Co was subject a lot of flak over not meeting its construction targets for connecting premises to the high speed fibre network, so will be glad of hitting the “milestone”
The total number of premises in areas where construction had commenced or completed was 784,592 by year end.
Announcing the milestone, NBN Co CEO Mike Quigley said it was “a clear indication that the NBN project is ramping up to full volume rollout” and was “pleasing” to arrive at the target for the “ambitious project.”
“By working together to achieve this year-end outcome the combined project team has established the settings to reach the peak rollout target of passing over 6000 premises a day by 2015,” Quigley said.
The NBN boss said “we look forward to working closely with these construction partners to achieve our end June 2013 target of 286,000 premises passed”
To date, NBN Co has contracted with four construction companies to build the local network through the streets: Silcar – NSW, Queensland and the ACT Visionstream – Tasmania Transfield – Victoria; and Syntheo (a Lend Lease/Service Stream joint venture) – Northern Territory, South Australia and Western Australia.