FNB has confirmed to its subscribers that it will proceed to shut down its uncapped ADSL services by the end of July this year.
FNB has confirmed that its uncapped ADSL services will formally shut down at the end of July, and consumers will no longer receive a discount on uncapped ADSL services from FNB Connect.
The bank has stated that customers making use of uncapped ADSL through Connect will have one of two options; either consumers will need to migrate to a new fixed LTE service which will launch later this month, or have their Connect accounts migrated to AlwaysOn. Read: The time for free internet access in South Africa is now
The financial institution has confirmed that clients who don’t select either of the two options will have their uncapped ADSL account cancelled on the 1st of August.
The bank hasn’t proceeded to confirm many details surrounding its new LTE service, though it has promised that subscribers will receive up to 40% of their SIM spend back in eBucks. Further, consumers will receive a new router valued at R2,500 ZAR.
Consumers who migrate to AlwaysOn will be able to retain their login details. Further, AlwaysOn will match the price of FNB’s uncapped ADSL offering, but will not retain the bank’s present rewards offering.
The bank has clarified that consumers intending to cancel their uncapped ADSL offering before discounts end must do so before the 25th of June.
AlwaysOn has previously stated that it plans to launch Fibre-to-the-Home (FTTH) and ADSL services of its own, but no indication has been made as to whether this could replace FNB’s offering. Read: Standard Bank loses R300 million ZAR in credit card scam
What are your thoughts on the cancellation of FNB’s uncapped ADSL services? Are you affected? Be sure to let us know your opinion in the comments below!
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