Nov 8 (Reuters) - The Australian Competition & Consumer Commission (ACCC) said on Wednesday that Telstra Corp TLS.AX would compensate 42,000 broadband customers for slower-than-promised internet speed.
"In essence, people were paying more to get higher speeds that they just weren't able to get," ACCC Chair Rod Sims said in a statement.
Telstra has provided ACCC with an undertaking of the remedies it will provide to affected customers, the Australian competition watchdog added.
Telstra said it had no immediate comment.