• ACCC releases final report on changes to regulated rates for voice interconnection services
• Reduced rates for mobile terminating access services (MTAS), fixed terminating access services (FTAS) and fixed originating access services (FOAS)
• Reductions to fixed termination rates to impact Aussie Broadband's revenue and profitability from FY27 onwards

Aussie Broadband (ASX: ABB) has announced that the Australian Competition and Consumer Commission (ACCC) has released its final report on changes to the regulated rates for voice interconnection services access in Australia. The determination has implications for Aussie Broadband's wholesale segment through its two owned voice networks, NetSIP and Symbio. The changes affect the terms for mobile terminating access services (MTAS), fixed terminating access services (FTAS) and fixed originating access services (FOAS), which are essential for enabling connectivity between voice networks. After extensive consultation, the ACCC has determined a new fare schedule which will reduce rates for MTAS from 1 July 2026, and gradually for FTAS and FOAS from 1 July 2026. Reductions to fixed termination rates will have an impact on Aussie Broadband's revenue and profitability from FY27 onwards. Aussie Broadband has funded significant ongoing investment in essential fixed-line networks, and the company is surprised that the determination has not had due regard to the impacts on the 000 access ecosystem and potential future investment in fixed-line networks. To enable continued investment in its fixed line network, and to offset some of the financial impact from the changes to regulated rates, Aussie Broadband will now assess several mitigation initiatives over the coming months.

The annualised EBITDA impact of the changes, after allowing for market facing mitigation strategies but before other mitigation initiatives, is estimated to be in the order of $3 million in FY27 and $6 million in FY28. The FY27 impact represents less than 2% of the Group's guided EBITDA range for FY26.

Aussie Broadband will continue to drive improved efficiency across the business and further mitigate the impacts of the rate changes as it delivers on its Look-to-28 ambitions and its commitment to maintaining its EBITDA margin at a minimum of 12.5% of revenue.