Telstra nbn customers to get 15% hike in Internet speed

Telstra today revealed that Telstra nbn customers may experience up to 15 percent increase in download speed in the coming weeks.
Telstra NBN speed
As part of changes to the way NBN manages speeds over its network, more bandwidth (or speed) has been made available to compensate for these overheads by allowing services to run up to 15 percent faster — excluding Fixed Wireless.

“If the connection into your home is capable of achieving these new speeds, this means more speed for everything from streaming your favourite shows and movies; playing games, and working and learning from home,” NBN said.

“We’ve already rolled this out to 1.6 million Telstra nbn customers and are planning to progressively roll it out to the rest of our consumer and small business nbn over the next 30 days,” Michele Garra, Connected Home & Business Executive – Product & Technology – Telstra, said.

Telstra earlier said its income decreased 2.8 percent to $13.4 billion in its half year results for financial year 2020.

Telstra had reconfirmed guidance for FY20, with total income in the range of $25.3 to $27.3 billion, underlying EBITDA in the range of $7.4 to $7.9 billion, restructuring costs of around $300 million and capital expenditure of $2.9 to $3.3 billion.