A PYMNTS Company

Australia: ACCC proposes price cut for Telstra copper

 |  March 11, 2015

The consumer watchdog has rejected Telstra’s request to increase fees for operators who wanted access to the telco’s copper network and instead is seeking to force a price cut.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Australian Competition and Consumer Commission said today it wants Telstra to cut access prices for its network by 0.7 per cent, for a one-off uniform drop for the period until mid-2019.

    “The draft decision on prices ensures nominal price stability in the wholesale market for telecommunications services and will promote competition in the transition to the NBN,” ACCC chairman Rod Sims said in a statement.

     

    Full Content: The Sydney Morning Herald

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.