Feeds

Aussie regulator forces Telstra to cut access charge

Strewth mate, what about the dividends?

Internet Security Threat Report 2014

Telstra has taken a slap from the Aussie competition regulator and been told to cut access fees for a rival operator using its network.

Reports over the weekend suggested the Australian Competition and Consumer Commission would force the incumbent to cut its access fees for one rival to AUS$17.70, or around $14. Telstra's most recent financial forecast was based on an AUS$22 charge, meaning shareholders could take a hit on any cut in access charges.

Telstra confirmed the reports this morning, noting that the ruling only applied to one low volume wholesale customer, and was an interim ruling.

But it admitted that the ACCC “may now follow this Interim Determination with other Interim Determinations in respect of other ULLS Access Disputes.”

Or put another way, access fees could be marked down across the board.

The move is the latest blow for Telstra, ahead of a government decision on whether to unload its remaining majority stake in the telco.

Earlier this month it scrapped plans for a new fibre network and bemoaned regulators’ lack of understanding of “the actual costs that Telstra incurs in providing its services and, especially, the costs it incurs in providing services to rural, regional, and remote Australia.”®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.