ACCC has updated about the recovery of the NBN speed after COVID-19 demand. As per its first new monthly Measuring Broadband Australia report that tracks NBN network performance from February to April 2020, there is a recovery in the network performance because of NBN Co’s move to offer retail service providers 40% additional network capacity for free.
The average download speeds on NBN Co’s 50 Mbps speed tiers declined by 14% and 100 Mbps speed tiers declined by 23%. Also, the measures taken up by the streaming providers supported other online applications to do well during the busy evening hours, which resulted in reduced picture quality for the viewers.
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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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