Australian mobile market profitability up while NBN slow walks its FTTP upgrade as the country awaits an upgrade to full-fibre broadband


Idem Est Research & Advisory

Australia Telecom Industry Market Report forecasts 59m mobile and fixed broadband subscribers by 2031

Sydney, Mar. 6, 2024 /Newswire/ — Idem Est Research and Advisory, a boutique firm specialising in telecommunications and digital infrastructure market research and advisory has released a new research report titled, Australia Telecom Industry, 2024-2031.

The report states that the growth of Australia’s telecommunications market is shifting towards mobile, after five years of significant growth in the fixed broadband market. Mobile subscriptions are expected to grow at an annual average rate of 2.3% between 2024 and 2031. Meanwhile, fixed broadband subscribers are projected to see an average growth rate of 1.4% over the same period, indicating a steady demand for high-speed internet services.

Total telecommunications revenue in Australia is forecasted to reach AUD45 billion by 2031, highlighting the sector’s significant contribution to the economy. 

“An increase in Capex spending is expected from 2024, aiming to enhance fixed-line services to 100Mbps speeds and above for 75% of the NBN’s footprint, NBN will have to walk a fine between being cash flow positive and Capex spending provided its already high level of debt” says Landry Fevre, Idem Est Research & Advisory’s Director.

NBN is now well engaged in its FTTP upgrade program with 3.5m premises eligible for FTTP upgrade out of 8.6m including HFC which is not yet slated for a full-fibre upgrade.

“At the current rate of FTTP upgrade adoption, Idem Est Research forecasts, it will take NBN about 20 years just to upgrade its existing FTTN and FTTC subscribers highlighting its on-demand fibre upgrade program requires an overhaul shift to a systematic upgrade of premises leveraging scale and reduced unit costs, as many FTTP programs have shown around the world.”, says Landry Fevre, Idem Est Research & Advisory’s Director

Investments in the telecoms sector bottomed out in 2021 and telecommunications service providers are expected to maintain capital expenditure growth momentum in 2023-30, to an average rate of 1.8% by 2030. 

Idem Est Research expects another wave of consolidation in Australia, post-NBN rollout, as margins get squeezed further. 

“Some market players outside the telco market are seeking growth by exploring ways to increase their scope of products and services offerings. The report outlines examples of some newcomers branching out by reselling broadband access services as a churn reduction strategy and the increasing consumers’ share of wallet,” added Landry Fevre


AGL, Amplitel, ATN, Aussie Broadband, Exetel, Foxtel, Indara, NBN, Optus, Superloop, Telstra, TPG, Uniti Group, Vodafone, Vocus

Download the full report:

About Idem Est Research Advisory
Idem Est Research and Advisory is a boutique telecommunications and digital infrastructure market research and advisory. Idem Est Research provides leading telecoms research helping our clients stay updated on the latest telecoms sector and digital infrastructure developments. The reports provide analyses of mobile and broadband markets, capital expenditure, forecasts, key telecom trends and thematic such as 5G and telecoms digital infrastructure, as well as other statistics of the telco industry.

Our independent approach allows us to place the trends and drivers fully into context and analyse the industry as a whole from different, unbiased perspectives. Alongside the facts and figures, Idem Est Research draws on three decades of experience to provide incisive commentary and analysis. This brings visibility to the business drivers, challenges, decision-making and future direction of the telecoms sector.
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Contact Information:
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Landry Fevre

SOURCE Idem Est Research & Advisory

This release was published on openPR.

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