On June 23, NBN Co signed an agreement with Optus, worth an estimated AU$800 million after tax net worth on its coaxial hybrid fibre network. n In particular, [small and medium-sized enterprises (SMEs) report less information on the benefits of faster broadband than larger firms. In addition, SMEs tend to be less confident about their ability to take advantage of the benefits of a new broadband network.  This version of the WBA is a standard form of the XIC Access Agreement of the Competition and Consumer Act 2010 and is the latest standard offer. Please note that this standard form of access contract (SFAA) and the latest standard offer consist of all documents related to this page, unless the document explicitly states that it is not part of the SFAA. This includes both WBA documentation and the content of outstanding changes that have already been notified to existing customers, as shown below. 3.118 Both Internode and Australia On Line stated that the higher cost of providing broadband in remote areas and regions reduces choice and hence less competition for broadband service in these areas.  3.159 In response to the potential for an increase in the « digital divide, » ACCAN proposed a system of high-speed measures for low-income countries, i.e. that « the rejuvenation of NBN Co`s COVID-19 CVC credit supply to online merchants recognizes that demand for advanced data is returning to a normal level of growth » the broadband manufacturer said. In the run-up to the 2007 general election, the Labor opposition announced a rapid broadband initiative, which was estimated to cost AUD 15 billion, including a state contribution of AUD 4.7 billion, which would be generated in part by the sale of the federal government`s remaining shares in Telstra. This was done at our initiative because the market was concerned that retailers would be able to enter into longer-term agreements with NBN Co, or that they would be required to enter into longer-term agreements before the regulatory framework had been fully defined, particularly by the SAU definition. That is why we have expressed our concern to NBN Co. They agreed – by intermediate measure, until we had time to go through the AU processes – to provide 12-month services.
This gives retailers the opportunity to renegotiate these contracts after regulatory frameworks have been established.  It is very important that the ACCC play a key role when the industry and the NBN do not agree on what to do. For now, it is still being developed. There is some uncertainty as to when and how the ACCC can play a role. We understand NBN`s position that there should be some certainty as to how the ACCC plays a role, but if there are differences of opinion, if the industry has new needs and if the NBN does not agree with the way the industry wants to accept things, the ACCC should play a role in monitoring and , in some cases, the last call for tenders on the appropriate trade agreement. It is also a work in progress. We are working with NBN on this. Over the next six months, you have put in place a fairly comprehensive advice program on delivery conditions.  Under the new agreement, NBN Co`s broadband package will increase from $26.60 to $24.70 between December 2020 and April 2021, followed by a further reduction to $22.50 between May 2021 and November 2022. n There must be a clear and enforceable commitment to « results equivalence » that allows Telstra`s large customers and retailers to access important quality and feature input services.