Telstra is taking the competition watchdog to court, appealing its decision to lower the telco’s wholesale prices. The Australian Competition and Consumer Commission ruled for lower prices on the fees Telstra charges wholesale partners to access its fixed-line copper network by 9.4 percent.
The ruling means prices should decrease across the seven fixed-line access services from November 1 this year until June 30, 2019.
Contrarily, Telstra had been pushing for a 7.2 percent rise, which it said is necessary to account for rising costs resulting from users churning off its network and onto the NBN.
The ACCC and Telstra’s rivals have argued the telco is already being fairly compensated through the $11.2 billion definitive agreements it signed with the Government for its copper and HFC networks.
A court date has not yet been set.