- Rising Demand for Fast Internet Connection
- Affordable But Fast Internet Plans
- NBN 50 and NBN 100 Plans
ACCC's recent report on the wholesale NBN market contains consumer information from Q4 2020. Data from broadband providers such as Telstra, Optus, TPG, and iiNet suggests that people prefer to use faster internet connections.
The report doesn't particularly look at the plans and connections offered by NBN providers to customers and businesses. Instead, it focuses on speed tiers, connection types, and the overall number of services operated by the telcos. The information from those categories indicates that internet plans with faster connection speed are currently in demand.
Rising Demand for Fast Internet Connection
The Australian government completes the NBN rollout during the last quarter of 2020. Since then, a lot of people are switching to NBN plans. As reported by ACCC, NBN presently has 8.1 million subscribers.
Almost 5 million of NBN subscribers are using internet plans with maximum speeds of 50Mbps or faster. About 4,200,757 of those are on NBN 50 plans, while 1,292,305 subscribers are on internet deals with 100Mbps connection speed.
Those numbers are a huge jump, compared to the 2017 statistics.
In December 2017, 50 and 100 Mbps internet deals are already available. But only 559,807 people choose to subscribe to those plans.
NBN 250 and 1000 are now available for residential customers. Many of those plans are affordable. That further narrows the gap between 'slow' and 'fast' NBN. Even ACCC Chair Rod Sims commented on this big turnout.
"Most customers now use the higher speed tiers, which is a result of more retail service providers promoting higher speed plans. NBN Co's new incentives to retail service providers, such as its 'Focus on Fast' promotion, is welcome as many Australians now work and study from home at least some of the time."
Affordable But Fast Internet Plans
Because of the nationwide lockdown last year, NBN Co gives free wholesale capacity boosts to allow providers to offer less congested services at no extra cost.
The discounts to various NBN plans will run for a few months only in 2020. However, they got extended repeatedly.