Aussie Broadband (also known as Aussie or ABB) is an Australian-operated telecommunication company that was formed in Morwell in Victoria's Gippsland region in 2008.
Company type | Public company |
---|---|
ASX: ABB | |
Industry | Telecommunications |
Predecessor | Westvic Broadband Wideband Networks |
Founded | 2008 |
Founder | Phillip Britt John Reisinger |
Headquarters | , Australia |
Area served | Australia |
Products |
|
Services | |
Website | www |
The company also has offices in Victoria (Dandenong South and Melbourne CBD), Sydney, Brisbane, Perth, Adelaide and remote staff scattered across Australia. Their customer service centres are based wholly in Australia, and they are one of the largest employers in the Latrobe Valley region.
Aussie Broadband's market share of NBN services sits at 8.3%, with the company totalling 765,800 broadband connections as of February 2024[update].[1]
The company was formed in 2008 after the amalgamation of Wideband Networks and Westvic Broadband.[2]
Aussie Broadband is the fourth largest retail internet service provider in Australia.[3]
Aussie Broadband was the formed with the amalgamation of Wideband Networks and Westvic Broadband, both of which had been trading since 2003. Wideband Networks was formed by now managing director Phillip Britt and chief technical officer John Reisinger.
After the merger, Aussie Broadband focused on providing services to regional areas, such as Gippsland, Western Victoria, South Australia and the Northern Territory.
In 2010, Aussie Broadband sold its satellite customer base to SkyMesh, the largest sale of a satellite customer base in Australia.[4]
Aussie Broadband started providing NBN services as of 2017, ceasing third party reseller agreements.[5]
In October 2018, Fetch and Aussie Broadband announced a partnership.[6][7]
In 2019, Aussie Broadband upgraded its national and international networks to provide capacity for 500,000 customers with direct peering in Los Angeles, San Jose, and Singapore, as well as buying capacity on multiple international fibre optic cables.[8]
In September 2019 it was announced work had commenced to prepare the company for going public, and in September 2020 managing director Phil Britt formally announced the company would be launching an initial public offering and listing on the Australian Securities Exchange.[9] The public offer was extended to customers of the company, and current employees were eligible to be gifted a small package of shares.[10][11] The company began trading on the market at 11 am on 16 October 2020 under the ticker ABB.[12][13]
In March 2022, Aussie Broadband acquired Brisbane-based IT company Over the Wire for $344 million. Over the Wire provides voice networks, security services and cloud-based management systems for businesses.[14]
Aussie Broadband bought the NBN customer base (15,000 subscribers) of Uniti Group in May 2023.[15] In November 2023, Aussie Broadband acquired Symbio for $262 million, expanding its wholesale business.[16]
In 2019, managing director Phillip Britt was recognised by CommsDay for his contributions to the Australian telecommunications industry by being inducted into the Edison Awards Hall of Fame.[17][18]