NBN Wholesale Prices Will Be Slashed. Will The Savings be Passed to Consumers?

blitzzbargain on 14/12/2017 - 19:00
Last edited 14/12/2017 - 19:02

Hi All,

I just saw the news that NBN will be slashed for wholesalers. But NBN cannot guarantee the savings will be passed on to consumers.
"The announcement today was part of a push to improve the reputation of the troubled NBN project."
"Cost estimates provided by the NBN Co show retailers could save about $16 on a 50 Mbps plan and $7 on a 100 Mbps plan." That is a quite significant cut for the suppliers.

I am still using Cable at the moment even though the speed is not that great during peak hours. I am still waiting to be at the "right time" to move to NBN even though my house is "NBN ready". I also feel that NBN is still too expensive especially for the 100Mbps plans.

Do you think that the wholesalers will pass the saving to win the customers?
Please share your experience with NBN.

Reference:
http://www.afr.com/technology/web/nbn/nbn-drops-prices-in-at…

Thanks!

Poll Options

  • 4
    YES, the prices will be cheaper after NBN cut the prices
  • 26
    NO Way, the prices will remain the same
  • 2
    NO! the prices will increase for sure
  • 6
    I don't want to get NBN (not value for money)
  • 0
    I want to connect to NBN because it is better
  • 3
    I am still waiting for the "Right Time" to switch
Internet

Comments

  • jace88 on 14/12/2017 - 20:16
    +1

    Prediction is that "some" of the savings will be passed on either through lower prices or more inclusions/features.

    There will probably be some of the less mainstream players who will be more price competitive and pass on more savings but depending on how satisfied their customers are, this pricing may or may not catch on broadly in the industry.

    • Thrawn on 14/12/2017 - 22:39
      +1

      There isn't really going to be savings for most plans. The point of the new NBN bundle pricing system is that it sets a minimum CVC amount that needs to be bought to take advantage of it. An amount that's greater than what most ISPs do at the moment.

      So basically the result is roughly the same cost, but better performance (25 Mbit to 50 Mbit upgrade plus just about doubling the CVC as well).

      And its a very competitive market out there.. so ISPs aren't likely to hike the price up to get better profit margins.

  • SurlyDuff on 14/12/2017 - 20:35
    +3

    I'd be happier if they passed on the savings in other ways, for example:

    • More bandwidth for customers, less congestion
    • Less downtime
    • Lower pings
    • More support staff
  • Diji1 on 14/12/2017 - 21:05
    +1

    Probably doing it to avoid even larger cuts being forced on them by ACCC.

    Remember: Malcom Turnbull personally lobbied the ACCC to not force NBN Co to cut wholesale internet prices. He carried out this unprecendented interference not once but twice ensuring every single Australian who pays for an internet service is paying more money to Telstra.

    Malcom Turnbull robbed you every time you paid for your internet. Remember this because I have no (profanity) idea how the Australian population is so (profanity) stupid that they voted this pig into power. He is literally robbing you.

  • rgr on 14/12/2017 - 21:42

    the issue is 50mbps would be meaningless if you have FTTN and are subject to attentuation, poor copper wiring and whatnot. Same goes with HFC, if you have shitty amps, plugs, jacks in the pit then it'll reduce the end user experience. the guys who run the NBN show are retarded, but they're only puppets who follow what the government says. Pay me $6 million a year and ill say and do what you want.

    • iratepirate on 15/12/2017 - 10:38

      Also unavailable on satellite nbn "skymuster" - max speed is 25Mbps and it just means your pitifully small download quota gets used faster.

  • garetz on 14/12/2017 - 21:44

    no

  • airal3rt on 14/12/2017 - 22:06
    +1

    Will The Savings be Passed to Consumers?

    Hahahahahhahahahahahahahahahahahaha

Login or Join to leave a comment
Login Join