Broadband growth slows in 4Q 2004

7 Jun 2004

The Australian Competition and Consumer Commission (ACCC) says that broadband take-up in the country slowed to 14.4% during the final three months of 2003, compared with the 18.2% and 22% recorded in the two previous quarters. The ACCC report said that there were 698,700 broadband services connected at the end of 2003, up from 363,500 twelve months earlier. Whilst growth tailed off at the end of the year, the regulator said that a new, lower tariff structure introduced in February 2004 should see a boom in take-up.