FPT Telecom 9M revenue up 47% y-o-y

Australia’s Department of Broadband, Communications and the Digital Economy (DBCDE) has announced that it has launched a review of retail price control arrangements for fixed-line telecommunications services. Presently, retail prices charged are regulated under the Telecommunications (Consumer Protection and Service Standards) Act 1999 and only apply to fixed line incumbent Telstra. The existing pricing arrangements are due to expire on 30 June 2012, and currently apply to ‘baskets’ of fixed line services, such as monthly line rental and connection fees, while the terms of the regulation generally only allows price increases in line with consumer price index (CPI) movements [More]

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