Telcos to pay a total of AU$33.5 million for misleading statements about NBN maximum speeds

Australia’s three largest internet service providers, Telstra Corporation Ltd (Telstra), Optus Internet Pty Limited (Optus), and TPG Internet Pty Ltd (TPG), have been ordered by the Federal Court of Australia to pay penalties totalling AU$33.5 million after they each admitted making false or misleading representations to consumers when promoting certain NBN internet plans, in proceedings brought by the Australian Competition & Consumer Commission (ACCC).

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