Communications Minister Paul Fletcher has affirmed he is “very confident” the NBN will be able to service the needs of Australians. 

“We’ve got now almost 8 million premises connected to the NBN,” Mr Fletcher said on 4BC Breakfast.

But the ABC reports only approximately 1.5 million have a full-fibre connection, with the remained left using part-fibre links, repurposed old cables, wireless or satellite.

“Where the NBN particularly focuses on is getting them the connection to individual homes,” he continued.

“Around two-thirds of people are now taking 50 megabits per second or 100 megabits per second speed.”

Mr Fletcher added the more than $50 billion infrastructure is now making profit

“It was always the plan that in due course it would start to be … paid back.

“[It’s] starting to come to a more stable state financially.”

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