ACCC won’t oppose Telstra’s budget, two-plan ISP Belong

Published 23 October 2013 09:33, Updated 24 October 2013 08:48

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ACCC won’t oppose Telstra’s budget, two-plan ISP Belong

ACCC chair Rod Sims says he won’t oppose Telstra’s new low-cost ISP Belong. Photo: Josh Robenstone

Australian Competition and Consumer Commission chair Rod Sims says he will monitor but not oppose Telstra’s new low-cost internet provider, Belong.

Telstra launched Belong with minimal fanfare late last week, just three months after its attempted $60 million acquisition of Adam Internet collapsed.

Belong is a stand-alone internet service provider with only two broadband plans that range from $50 a month with 70 gigabytes of downloads to $65 a month with 250GB of downloads.

“Belong is a new way to get broadband in Australia, one so ideal that it doesn’t need to lock people in to long-term contracts,” the website claims.

The company boasts that customers can use their existing phone lines and that all services are on the Telstra network. A spokeswoman for the company said it was still conducting trials.

Telstra attempted to buy South Australian internet service provider Adam Internet in October for $60 million and had plans to turn the company into a national budget internet provider that could compete against cheaper rivals.

Read the full story at The Australian Financial Review.