Sunday, 05 April 2020 03:23

ACCC pauses inquiry on NBN pricing, wholesale service standards due to COVID-19 Featured

By
ACCC Commissioner Cristina Cifuentes ACCC Commissioner Cristina Cifuentes

The Australian Competition and Consumer Commission has announced a pause on its inquiries examining both NBN entry-level access pricing and wholesale service standards, to allow the communications sector to focus on its response to the COVID-19 pandemic.

The decision to pause comes from the ACCC in the release of a statement on guidance on NBN access inquiries, outlining its views on wholesale access terms currently being considered by two NBN-related inquiries in position papers released on Friday.

The position papers provide the ACCC’s current views of the nature and direction of any Final Access Determination (FAD) that the ACCC may make, once circumstances stabilise.

“We have released the position papers to provide guidance for NBN Co and access seekers if they continue negotiations on new wholesale arrangements, which are due to expire later this year,” ACCC Commissioner Cristina Cifuentes said.

“NBN Co has recently allowed access seekers to boost their capacity on the network by up to 40 per cent at no extra cost for three months, which does temporarily address a key concern we have regarding NBN access pricing for basic services.”

The ACCC’s position paper for the NBN Wholesale Service Standards Inquiry sets out its views on measures designed to improve incentives for NBN Co to meet its connection, fault repair and technician appointment commitments- and the proposed measures will also allow for “better information sharing and operational support offered by NBN Co to service providers”.

The ACCC has proposed a framework that offers a daily rebate by NBN Co for delayed connections and unresolved faults instead of one-off rebates; and new rebates for underperforming services - and also proposes that current missed NBN appointment rebates are increased to $75 and that these be entirely passed on to customers by retail service providers.

The ACCC says its second position paper, for the NBN Access Pricing Inquiry, sets out what the it considers to be fair and affordable prices for basic speed NBN services of 12/1 Mbps, “which would mean consumers moving to the NBN from legacy ADSL and other services do not struggle to find an affordable plan”.

“As well as benefitting consumers on entry-level plans, we believe our proposed access arrangements will stimulate more competitive prices for higher-speed NBN plans,” Cifuentes said.

“We will also consider other measures to reduce uncertainty over the wholesale price changes that access seekers could expect over time, which can result in higher prices or reduced quality and product offerings for consumers.”

The ACCC says that given the measures that NBN Co has put in place, it now intends to resume the inquiries after the COVID-19 situation has eased.

“We understand there is great interest in the outcome of these inquiries. However, we feel it is appropriate to suspend them right now while the sector works to address the impacts of the COVID-19 pandemic, including the surge in demand for communications services,” Cifuentes concluded.

Read 2384 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here




IDC WHITE PAPER: The Business Value of Aiven Data Cloud Solutions

According to IDC, Aiven enables your teams to perform more efficiently, reduce direct infrastructure costs, and provide improved database performance, agility and scalability.

Find out how Aiven makes teams 48% more efficient, allowing staff to focus on high-value activities that drive real business results:

340% 3-year ROI – break even in 5 months (average)

37% lower 3-year cost of operations

78% reduction in staff time for database deployments


Download the IDC White Paper now

DOWNLOAD WHITE PAPER!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Staff Writers

Our Staff Writers and Guest Writers contribute content to iTWire each day and they are a valuable asset to the team. If you want to be a staff writer please contact us.

Share News tips for the iTWire Journalists? Your tip will be anonymous

Subscribe to Newsletter

*  Enter the security code shown:

WEBINARS & EVENTS

CYBERSECURITY

PEOPLE MOVES

GUEST ARTICLES

Guest Opinion

ITWIRETV & INTERVIEWS

RESEARCH & CASE STUDIES

Channel News

Comments