Telstra hikes fixed line connection prices by up to 43%

2 Mar 2006

Australian incumbent Telstra is raising the cost of new fixed line connections by as much as 43% in what it says is part of an effort to recover the cost of loss-making services, according to the Australian Financial Review. The price hike came as Telstra warned that its wrangles with the country’s regulators over wholesale access to the PSTN would not be resolved before the federal government tries to sell its AUD26 billion stake in the company in November. Telstra says the increase in connection prices is necessary to rebalance falling fixed line revenues. From 1 April, a standard new fixed line phone connection requiring cabling work and technicians will rise 43% to AUD299, with the cost of standard multiple connections rising 12% to AUD179.

Australia, Telstra (incl. Belong)