Telstra Cable plan going to NBN - slower speeds for the same cost?

[Wednesday1]

Hi all, first time posting! I currently have Cable, and I have been receiving letters saying that I need to swap over to the NBN. I have very good Cable speeds at $93 per month for 500GB. Now, if I go to the NBN, I would be on the same plan, but the speeds would be less than what I currently get with Cable (at least according to the speeds listed here ).

Is this correct? Will I be paying the same amount of money for a slower service? I have to change to the NBN because they will cut off other internet in my area... so my concern is that I'm being forced into a slower service.  Do Telstra offer any sort of compensation for this kind of thing? It just seems wrong to have to pay for a lesser service.

[DrQ · Accepted solution]

The download is slightly slower, but the upload is significantly faster. 

Standard Cable is 30/1, Standard NBN on Telstra is 25/5,

So you lose 5Mbps of Download but your Upload becomes 5x faster. 

It is a bit of give and take.

That being said, if you went to ADSL, you would pay the same and only get upto a maximum of 20Mbps.

ADSL, NBN, Velocity and Cable are all considered equipment services and are priced the same, the speeds obtained are limited to the technology.