Aussie Broadband Raises 2028 Customer And Revenue Ambitions

Aussie Broadband revised its 2028 strategic ambition to reach 1.5 million NBN customers and lift group revenue to $2.0 billion, up from $1.6 billion. It is pursuing this via M&A—agreements for AGL’s retail telco (up to $125 million) and a $44.1 million Nexgen purchase—plus divestments, while reporting HY NPATA of $31.3 million and revenue of $637.8 million to Dec. 31, 2025.
Key Points
- 1Raises customer target to 1.5 million and revenue goal to $2.0 billion by 2028
- 2Expands scale via M&A including AGL deal (up to $125M) and $44.1M Nexgen purchase
- 3Boosts SME sales capabilities and EBITDA, enabling faster customer conversion in 5–50 seat segment
Scoring Rationale
Strong official M&A-driven strategic upgrade and financial results, limited by sector focus and limited organic-growth detail.
Sources
Public references used for this report.
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