Mixed news as Spark calls for “good value broadband” across NZ
“We think New Zealanders deserve good value broadband.”
“We think New Zealanders deserve good value broadband.”
“Our initial analysis suggests that the proposed reductions in one-off transaction charges may require Chorus to provide these services at below cost."
"Wholesale charges are already high and the Commerce Commission is looking to push them up even higher."
Kiwi telco industry endures “particularly eventful” past 17 months, with mergers, acquisitions, spectrum sales and the arrival of a slew of content streaming services.
"There is a deafening silence from the Commerce Commission..."
"The process for setting these charges is hugely complex, but that doesn’t mean the public shouldn’t have a voice."
International experts calculate proposed charges could be at least $12 a month higher than they should be…
“We are very frustrated that the process has been further delayed, particularly as this is the third significant timetabling delay since the process started in February 2013."
“It's a bit like an old-fashioned table mortgage. It was a standard method.”
“Given this negative uncertainty, Spark has no choice but to change its prices now."
“The only people happy with this outcome seem to be the Government and Chorus. That suggests the Commerce Commission should think again.”
"Chorus welcomes the notification from the Commerce Commission that it is stopping its investigation."
The Court of Appeal’s judgment, released today, dismissed Chorus’ appeal to overturn the High Court’s judgment in April this year on the unbundled bitstream access (UBA) price set by the Commerce Commission’s (ComCom) initial pricing principle (IPP) process.
Chorus has stated that the Final Pricing Principle (FPP) processes should ensure that the regulated price for broadband services is grounded in the reality of New Zealand’s circumstances.
Chorus has entered into a conditional agreement with Crown Fibre Holdings (CFH), which gives it the option to bring forward part of CFH’s existing investment funding earlier in the build of the ultra-fast broadband (UFB) network.