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.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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