I think the NBN will end up being a white elephant when 5G rolls...

I think the NBN will end up being a white elephant when 5G rolls out, so I dont think the NBN will be a threat. It's speed is limited by the copper network, and 5G will be much faster. I think people will move to fixed wireless whether they're in an NBN area or not.

I think Uniti will also acquire lots of businesses in adjacent niches too, so they are not entirely dependent on areas where the NBN is not available. Their market opportunity is quite large.