Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

iiNET Announces ACCC Pricing Determination

03 Dec 2012  |  20:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: ACCC Pricing Determination

iiNET welcomed the recent announcement by the ACCC of a final determination of the access dispute relating to IIC charges levied by Telstra. The determination will deliver a back-dated refund to the Company of $8m for excess IIC charges in prior periods. Telstra has until 20 December 2012 to appeal to the Federal Court for an Administrative Decisions Judicial Review of the process and until 3 January 2013 to pay the refund.

Please click here for full details

See more ASX300 News Announcements