Three Australian Telcos Fined $33.5 Million for Misleading Internet Customers

A TPG Telecom sign adorns the side of their headquarters in Melbourne, Australia on Aug. 30, 2018. William West/AFP via Getty Images

The Australian Federal Court has fined the three largest internet service providers in Australia $33.5 million (US$22.15 million) for making false or misleading representations when promoting their NBN (National Broadband Network) internet plans.

Specifically, the court ordered Telstra to pay $15 million in penalties, while Optus and TPG agreed to pay $13.5 million and $5 million, respectively.