The Australian Competition and Consumer Commission has released it's final declaration decision that will witness Line Sharing prices drop to a respectable $2.50 per service at the start of 2008. After several years at loggerheads with Telstra over LSS prices, the Telco giant succumbed to the Watchdog's continual pressure and reduced pricing from it's initial $15 per month proposal in 2004, down to $2.50 per service. The pricing should be available to everyone and come into effect as from January 1, 2008 until July 31, 2009. A great decision all round for the Broadband Industry, competition, independent ISPs and the consumer.
"The ACCC's final decision is to regulate the LSS on a national basis until 31 July 2009. Declaration of the LSS will be in the long-term interests of end users," ACCC Chairman, Mr Graeme Samuel, said today.
"The ACCC's final view is that regulation of the LSS will promote competition in broadband markets. This will allow consumers to choose from a wider range of broadband service providers, increasing their opportunity to gain a more competitive service-price offering."
Read the entire 'ACCC issues final decision on regulation of the Line Sharing Service' announcement at the ACCC.gov.au