The National Broadband Network (NBN) has reached an historic milestone, having reached more than one million serviceable premises across the country this week.

As of the election, the NBN had reached 275,000 premises.

In April 2014, NBN Co changed its reporting, to provide a more accurate picture of the rollout. Using the previous metric of counting ‘premises passed’, the company would be reporting that it has currently passed 1.22 million premises.

Since bringing in new management for NBN Co, the company has begun to achieve its rollout targets. The company is on track to meet its rollout forecasts set out in both the 2014 corporate plan and the 2013 Strategic Review.

The NBN has achieved a number of milestones in the past 18 months, including:

• Conducting a joint fibre to the node (FTTN) construction pilot of 400,000 premises with Telstra, ahead of the FTTN product launch later in 2015.
• Renegotiating the commercial Definitive Agreements with Telstra and Optus to allow the company to use existing HFC and copper assets to rollout network under the multi-technology mix approach.
• Renegotiating or signing contracts with new delivery partners in Western Australia, South Australia and Tasmania.
• Reducing the number of unserviceable premises in the fixed line footprint in existing neighbourhoods from 31% of premises passed to less than 10% of premises passed.
• Improving activations. From inception to June 2013, NBN had activated 70,000 premises. The company has activated more premises than that in the last 11 weeks.

The focus on increasing the number of serviceable premises has both reduced delays in customers being able to place orders and has increased revenue being collected by the NBN.