SKIP TO MAIN CONTENT

NBN overhauls pricing structure

NBN, the company building the national broadband network, is overhauling its pricing structure to make it more attractive to broadband firms.

2 min read

Published

Source: AAP


Skip to article content

The company building the national broadband network is revamping its wholesale pricing structure for internet service retailers in a bid to allow greater flexibility in retail offerings.

NBN says it will be moving to a new retailer-based model for its connectivity virtual circuit (CVC) fee - a flat charge levied on retail service providers (RSPs) per unit of bandwidth they buy on the national broadband network.

The new model will calculate the discount based on an individual RSP's average, as opposed to an industry average model used currently.

It automatically cuts the the price of CVC as the average amount of CVC per end user increases.

NBN chief customer officer John Simon said the change is intended to deliver greater pricing certainty to RSPs, better manage their costs and support higher customer usage of the nbn network.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"It will also provide further scope for retailers to differentiate their offerings, which in turn will promote competition and assist consumers in accessing a wider choice of broadband plans," Mr Simon said on Friday in a statement.

The new model will apply the discount on a monthly basis across all technologies, except satellite, from June 1.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world