Competition in the telco section continues apace despite the glacially impending NBN, with Internode slicing some prices after having squeezed blood from a stone by wringing better pricing from Telstra Wholesale, with the hope that ongoing negotiations will see even better pricing.
Recently listed wholesale telecommunications services provider Vocus Communications (ASX: VOC) has reported a 501 percent increase in net profit and 242 percent increase in revenues for the year to 30 June 2010.
The Competitive Carriers' Coalition has damned Telstra for dropping its retail prices, saying that it hasn't also dropped its wholesale pricing, a complaint some CCC members have had before the ACCC for the last month. Can Telstra really drop retail prices without the same on the wholesale front, or is Telstra having a wholesale rip of its competition?
Telecommunications services aggregator, Telcoinabox is to repackage and upgrade its retail ADSL offerings following the signing of new wholesale contract with Telstra.
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