Telecom are in a monopoly position so they have pricing control – these increases are an easy way to increase profit.
018 calls go up 50% to 75 cents from 50 cents. Given that directory calls over here in the USA are a crippling $1.25 to $1.50, there is plenty of room for further growth. However this creates an opportunity for new entrants to the 411 (018) game – like easy 411.
Meanwhile monthly connection rises from $54.95 to $56.80 – a 3.3% increase. This will help people decide to migrate to Telstra Clear, or, better yet, to abandon the home phone entirely in favor of mobile. I find the connection fee reprehensibe, but I have to pay it to get ADSL. (I do not even plug the phone in, and have no idea of my lanadline number.)
TUANZ understand – the inflation based increase is a.. “curious concession to a company that enjoys a very high degree of market power, operating in an industry where prices are trending down rather than up”.
