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NBN splashes $700m in bid for market domination – The Australian Financial Review

NBN Co will slash wholesale broadband prices and invest $700 million over the next three years in its bid to dominate the business broadband market.

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NBN Co said 1.4 million businesses around the country are now eligible to have fibre rolled out to their premises free of charge. Of those, 700,000 businesses in 240 “business fibre zones” are now eligible for the cheapest prices, previously only available for businesses in major CBDs. For many businesses, that could mean a more than 50 per cent price cut.
NBN Co chief executive Stephen Rue said the plan would “help open up the market for all internet providers both existing and new, small and …

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