NBN Co has released its “Pricing Review 2021 Consultation Paper 1”, which the company says “seeks to deliver value, certainty and simplicity to the telecommunication industry and customers.”
The competition watchdog, the ACCC, has recommenced its inquiry which is considering a proposal from National Broadband Network operator, NBN Co, that aims to address concerns about service standards for wholesale NBN products and the pricing of entry-level NBN services.
Australia's peak body for consumer representation in communications, the Australian Communications Consumer Action Network (ACCAN), says telcos must play their part if consumers are to benefit from changes to NBN Co’s wholesale pricing and data capacity.
NBN Co, the operator of the National Broadband Network, says it welcomes any additional options the ACCC may identify through its Access Pricing Inquiry to promote competition and the interests of customers.
The affordability for consumers of accessing basic broadband plans on offer from NBN Co is to come under scrutiny by Australia’s corporate watchdog the Australian Competition and Consumer Commission.
NBN Co’s flagging of proposed lower wholesaler pricing for some broadband network entry level product bundles is good news for “budget conscious households” who are now likely to have better options in terms of connecting to the NBN, according to Communications Minister Paul Fletcher.
Well-known Australian telecommunications consultant Paul Budde says while the NBN Co's latest bid to hold a consultation on pricing is better than nothing, it is unlikely to resolve the fundamental issues that are posed by the wholesale pricing.
The Department of Communication's “intervention” in the Telstra fixed line pricing issue, has outraged the Competitive Carriers Coalition to the extent that it has now called on the federal government to instruct the department to withdraw its submission on pricing to the ACCC.
The Australian Competition Tribunal (ACT) has once again rejected Telstra's bid for a $30 monthly price for the unbundled local loop service (ULLS) that underpins a large percentage of Australian broadband services and which is presently charged at about half this figure.
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