Internode slashes NBN broadband rates: let the price war begin

Stan Beer
Friday, 30 September 2011 17:19

Your IT - Home IT

Hot on the heels of the news that the National Broadband Network is available for commercial access as of tomorrow, Internode has already slashed its previously announced prices. Internode became the first ISP to announce pricing for the NBN in July. iiNet announced its NBN prices last week.

 

Internode founder Simon Hackett has previously been critical of the NBN pricing model, saying that it was disadvantageous to smaller ISPs.

According to Internode now, however, NBNCo has made significant revisions to its Concentrating Virtual Circuit (CVC) pricing model that address major cost overheads previously present during the ramp-up period of the NBN commercial rollout.

These changes, according to Internode, along with other significant improvements negotiated by Internode in its underlying supply economics since July, have enabled Internode to now offer the new lower retail prices for NBN access.

Internode has reduced the price of all NBN plans (relative to those announced in July), starting with a reduction in the entry level (12/1 Mbps) plan tier of $10 per month, with plans now starting from only $49.95 per month. The cost differential to move to higher NBN line speeds has also been substantially reduced. For example, 100/40 Mbps port speed services now start from only $74.95 per month.

Internode has also created greater choice and significantly boosted value-for-money in the mid-level data quotas of its new NBN plan table by increasing the previous 200GB data quota tier to 300GB and doubling the 300GB data quota tier to a massive 600GB.

All Internode NBN plans offer access quota on a 'use anytime' basis, instead of splitting up quota into 'peak' and 'off-peak' sub-quotas.

Internode managing director Simon Hackett said the key to Internode's revised NBN plan table was choice. "We're offering customers more data quota and at better prices than we announced back in July," he said. "We have removed the requirement to bundle voice services, reduced entry level price, and increased customer flexibility with this revision to our NBN plans".

All of Internode's NBN plans announced today can be ordered immediately in all NBN coverage areas nationally by calling 13 66 33.

The new plans are listed here.