Three Australian telecom companies have been ordered by a court to pay a collective A$33.5 million ($22.08 million) in penalties for making misleading claims about speed of some NBN internet plans, the country's competition regulator said on Friday.
Telstra said in a statement that between April 2019 and April 2020 it failed to verify the maximum attainable speed of the NBN services ordered by around 48,000 customers either completely or within a reasonable period after connection.
NBN, or National Broadband Network, is a government-run broadband network.
"We've gone through an extensive remediation and refund process.
Optus said it will also re-contact the customers who are eligible for remediation.
Source: Investing.com
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