In a draft decision the Australian Competition and Consumer Commission (ACCC) has confirmed its intention to continue regulating the wholesale ADSL service for a further five years. Announcing its plans via press release, the ACCC said it believes that maintaining regulation of the service will benefit customers by promoting competition in broadband markets until the rollout of the National Broadband Network (NBN) is complete. Submissions on the draft decision from stakeholders and interested parties have now been invited, with the regulator setting a deadline of 14 November 2016, while it has said it expects to finalise its ruling in early 2017, ahead of the expiry of the current declaration.
Commenting on the matter, ACCC Commissioner Cristina Cifuentes said: ‘Telstra retains its dominant position in both the wholesale and retail markets for the supply of ADSL fixed-line broadband services on a national level … Continuing regulation will ensure network providers continue to have access to Telstra’s copper network at reasonable prices. This will encourage them to continue competing in the retail market to develop and offer different ADSL broadband products to meet the needs of customers as they prepare to shift to the NBN.’