Telstra had attempted to charge EFTel $9 per month per service for access to its Line Sharing Service (LSS). Under the interim determination handed down by the ACCC Chairman and Commissioner on Friday, that charge will be dropped to $2.50.
CEO Simon Ehrenfeld said today that obtaining the interim determination was essential given the imminence of its new BroadbandNext network for which it requires access to the LSS.
"This decision is an excellent outcome for EFTel. This will deliver substantial bottom line improvements in the next financial year and beyond," he said.
"Regardless of the decision, we remain a large and growing reseller of Telstra's wholesale services, and we value our relationship with them at all times. This decision simply helps to correct a terrible profit imbalance we have had with them."
