📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

BRIEF-ACCC finalises regulation of non-NBN high-speed internet services

Published 26/05/2017, 09:45 am
BRIEF-ACCC finalises regulation of non-NBN high-speed internet services

May 26 (Reuters) - Australian Competition and Consumer Commission

* finalises regulation of non-NBN high-speed internet

* Has finalised its decision on the regulation of high-speed internet services supplied by non-nbn fixed line networks

* ACCC has permitted non-nbn networks to pass on government's proposed regional broadband scheme (rbs) charge on their customer lines

* ACCC says very small providers of some high-speed internet services (supplying less than 12,000 customers) will not be regulated under this decision

* decision sets wholesale prices and other terms and conditions that are expected to provide customers with a larger number of retailers to choose from

* consistent with our draft decision, the prices have been set in line with nbn prices and will change with nbn prices over time

* Accc says final decision exempts SBAS (but not LBAS) providers supplying up to 12,000 end users from all wholesale access obligations

* has permitted non-nbn networks to pass on government's proposed regional broadband scheme charge on their customer lines

* consistent with draft decision, the prices have been set in line with nbn prices

* Accc- initial prices for providers other than telstra will be $27.00 per port per month plus between $8.00 and $17.50 per mbps per month for aggregation

* Telstra's fibre network prices for 2017-18 are $16.03 per port per month (zone 1) and $21.10 per port per month (zone 2) and $29.27 per mbps per month for aggregation

* Telstra's fibre networks are subject to different pricing arrangements due to the cost of separating these networks from telstra's legacy network systems

* decision exempts SBAS providers supplying up to 12,000 end users from all wholesale access obligations

* ACCC says terms set in final decision only apply if access providers and access seekers cannot reach their own commercial agreements on prices Source text for Eikon: ID:nASXbVT46G Further company coverage: TLS.AX

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.