New NBN Co. boss Ellie Sweeney is confident most Australians will upgrade to speedier internet plans over the next few years as the broadband network prepares to make one of its plans five times faster from September.

“Over the next couple of years we do expect 500 [megabits per second] will become the most popular plan,” Sweeney told The Australian Financial Review after the government enterprise narrowed its annual net loss by 10 per cent to $963 million.

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