NBN write-down would boost telco profits but consumer benefits are unclear: ACCC

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NBN write-down would boost telco profits but consumer benefits are unclear: ACCC | fergushunter

 

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fergushunter NBN delivering on gettting people 50Mbps... For some maybe but it's impossible in many regions due to the lacklustre technology chosen by the LNP and the woeful state of much of the existing infrastructure.

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One in 10 connected to the NBN might be eligible for refunds: ACCCSome telecommunications services are so congested in the busy hours that a third of their customers aren't getting the speeds they are paying for. JennieDuke Only one place to point the finger of shame and blame... LIBERALS Turmbull policy of NBN pairing fast fiber optic cables with failing old copper wires. There needs to be a corruption envestigation. Turnbul the Tellecommunications mp then PM knew it would fail MSMWatchdog2013 JennieDuke The telcos deliberately slow down the speed using a noise which is a unnecessary signal that would be similar to the water board sending air through water pipes to slow down the delivery of your water supply. In short we are being bonked JennieDuke That’s the liberals achievement
Source: smh - 🏆 6. / 80 Read more »

One in 10 connected to the NBN might be eligible for refunds: ACCCSome telecommunications services are so congested in the busy hours that a third of their customers aren't getting the speeds they are paying for. deniseshrivell Any refunds should be paid out the personal pockets of the unethical and corrupt LNP MP’s who destroyed the NBN. auspol LNP=LiesNotPolicy Not to mention poor to destructive connection. NO trades Person trained by tafe or a real builder would destroy Property. attaching a communication plastic box. yet they have. Pink batts now plastic boxes Lol. I’m still 2 years away in metro Melbourne! What a joke. The copper wire will be rusted by the time I get connected.
Source: theage - 🏆 8. / 77 Read more »

One in 10 Aussies not getting promised NBN speedsThe National Broadband Network is underperforming at such a rate, the consumer watchdog is encouraging customers to seek refunds or adjustments to their service. 9News It’s simple replace the old copper causing the problem. Or go back to the original plan of fiber to the curb. No more issues. Some of these copper lines are 50+ years old How about you get your hands on some facts instead of reporting this bloody nonsense. Big waste of taxpayers money plus bad investment .
Source: 9NewsAUS - 🏆 10. / 72 Read more »

'Sensible' Labor would bring cheaper NBN to telcos and customersTelstra chief executive Andy Penn is hoping that a Labor government could be an “opportunity” for the prices charged by the National Broadband Network to be cut and in turn help bolster the telecommunications company's turnaround strategy. Labor could float NBN n telcos r capped to own 20% x 3telcos 40% public shares Your first mistake....? Sensible Labor! Anytime someone with half a brain reads this as a headline in The Age they need to burn the paper! Put simply, there is NO such thing as sensible Labor! Crooked, bigoted, corrupt, dishonest, union staged...YES! But certainly NOT SENSIBLE! There is no such thing as “Sensible Labor” single they’ve been hijacked by the far radical left and the Greens. Much in the way the ‘Sensible Right’ has been lost to far right powers. Common sense middle ground has been well and truly lost!
Source: theage - 🏆 8. / 77 Read more »

'Sensible' Labor would bring cheaper NBN to telcos and customersTelstra chief executive Andy Penn is hoping that a Labor government could be an “opportunity” for the prices charged by the National Broadband Network to be cut and in turn help bolster the telecommunications company's turnaround strategy. JennieDuke Emory promises and more debt by Labor. JennieDuke So, in short, an NBN write down of $20b would be to lift profit margins of telcos? A govt takes a $20b hit to help telcos make more money.
Source: smh - 🏆 6. / 80 Read more »

Proposal for low-income households to receive government-funded NBNFinancially struggling Aussie families could soon have access to government-funded NBN under a new proposal from the county's peak body representing telecommunications consumers. I find myself just using WiFi nowadays. Don’t use cable much at all. Why Yes
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Optus set to supply Coles with NBN multimillion-dollar dealSingtel Optus is preparing to sign a multimillion-dollar deal with Coles to supply the supermarket's retail outlets with internet services over the government-funded National Broadband Network.
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ASIC should be given a chance to recover reputation: Former ACCC chairman | Sky News AustraliaGraeme Samuel, the former head of the Australian Competition and Consumer Commission, says the Australian Securities and Investments Commission (ASIC) should have the chance to recover its reputation in the wake of the banking royal commission.\n\nFinancial regulators APRA and ASIC will be subject to reviews by an independent inquiry in three years’ time after Commissioner Kenneth Hayne delivered a scathing assessment of their conduct in his inquiry.\n\nCommissioner Hayne accused the regulators of fostering an ‘ineffective enforcement culture’, which inhibited its ability to do its job.\n\nMr Samuel says ASIC's new chair James Shipton should be given enough time to change the culture within the organisation.\n\nHe told Sky News Mr Shipton understands that regulators need to be ‘respected but not necessarily liked.’\n\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »

One in 10 connected to the NBN might be eligible for refunds: ACCCSome telecommunications services are so congested in the busy hours that a third of their customers aren't getting the speeds they are paying for. deniseshrivell Any refunds should be paid out the personal pockets of the unethical and corrupt LNP MP’s who destroyed the NBN. auspol LNP=LiesNotPolicy Not to mention poor to destructive connection. NO trades Person trained by tafe or a real builder would destroy Property. attaching a communication plastic box. yet they have. Pink batts now plastic boxes Lol. I’m still 2 years away in metro Melbourne! What a joke. The copper wire will be rusted by the time I get connected.
Source: theage - 🏆 8. / 77 Read more »