The Australian Competition and Consumer Commission (ACCC) has confirmed its receipt of a varied Special Access Undertaking (SAU) from NBN Co, the public-private company overseeing the National Broadband Project (NBN). With the revised SAU having been received on 19 November 2013, the ACCC has said that, given the extensive consultations that have already occurred related to the SAU, it aims to conduct a ‘very brief’ period of consultation on the varied document, as required under legislation. Interested parties have been directed to lodge submissions by 28 November 2013, following which the regulator has said it intends to make a final decision before the end of the year.
If accepted, the SAU will form a key part of the regulatory framework governing the price and other terms upon which NBN Co will supply services over its fibre, wireless and satellite networks to telecommunications companies, up until 2040. ‘The submission of a varied SAU is the final stage in the ACCC’s assessment of NBN Co’s undertaking. Following consultation, the ACCC will issue its final decision on the varied SAU. If accepted, the SAU will provide a significant degree of regulatory certainty that access seekers are requesting before they enter into longer term commercial contracts with NBN Co,’ ACCC chairman Rod Sims said of the matter.