Optus pays $51,000 fine over NBN speed lie

Optus has been slapped with a $51,000 fine after making false claims about its broadband speed. (AAP)

Telco giant Optus has been fined by the ACCC for misleading consumers about its broadband internet service speeds.

Optus has been slapped with a $51,000 fine after making false claims about the speed of its broadband internet services.

The ACCC said the telco advertised its cable broadband plans as having "NBN-like" speeds, when its service is actually slower.

"As consumers migrate to the NBN, the ACCC's action in this matter is a timely reminder to broadband internet providers that they must not misrepresent the performance of the services they are selling, ACCC chairman Rod Sims said in a statement on Thursday.

Optus has paid the fine.

Source AAP

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