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Australia: Telstra told to cut network access prices by ACCC

 |  June 29, 2015

The Australian Competition and Consumer Commission (ACCC) had drastically cut the amount Telstra can charge retailers for broadband internet services, after carefully analysing the telco’s own numbers on the cost to run the legacy copper service during the transition to the National Broadband Network (NBN).

The watchdog had originally planned to reduce prices across seven fixed-line wholesale services by 0.7 percent, but in a revised decision has said that access prices across the services will need to be cut by 9.6 percent from October this year.

The ACCC said that based on further information provided by Telstra on its costs in shifting to the NBN, and analysis from Analysys Mason, it has opted to increase the price cut to 9.6 percent.

Full content: The Guardian

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