iiNet set to sign NBN agreement

Summary:After initially holding out, iiNet is set to sign an agreement on access terms for the National Broadband Network.

iiNet is set to sign an agreement on access terms for the National Broadband Network (NBN) after lengthy disputes with NBN Co over the contents of the agreement.

Last month, NBN Co announced that Telstra, Optus, and 25 other internet service providers (ISPs) had signed on to NBN Co's wholesale broadband agreement (WBA). However, iiNet, its subsidiaries, and a number of other smaller telcos were holding out .

iiNet stated at the time that the offer on the table would leave it vulnerable to paying out compensation to customers for NBN Co's issues.

In a results call with journalists this morning, iiNet's chief regulatory officer Steve Dalby said that an agreement between NBN Co and iiNet is "imminent".

"We talk to [NBN Co] quite frequently. There are issues, and I expect they'll be resolved fairly soon," he said.

iiNet acting CEO David Buckingham said that it had been expected that the agreement may be signed as soon as this week, but indicated that it would not be done and dusted this week. Dalby said it would be signed soon.

"We continue to have discussions. Most of the major things are resolved, and in terms of an agreement, verbally, we're comfortable with where each of us sit, but you've still got to do the documentation," he said.

"That's where we're at, so we can get it executed."

Topics: NBN, Australia, Telcos

About

Armed with a degree in Computer Science and a Masters in Journalism, Josh keeps a close eye on the telecommunications industry, the National Broadband Network, and all the goings on in government IT.

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