Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Uncertainty for broadband users disappointing

TUANZ finds new uncertainty for broadband users disappointing

The Commerce Commission draft decision on wholesale copper charges this morning has introduced new uncertainty for users of broadband services by proposing a $4 increase from their interim decision. Users have already seen the benefit of lower prices flowing through as a result of this process and improved competition. TUANZ expected that yesterday’s implementation of the interim prices would further reduce prices. This may now be reversed in April next year when the final price applies.

TUANZ is also concerned that the Commission has chosen not to make a formal statement on backdating at this point until they release a discussion paper on the issue.

The detail around these numbers is complex and detailed and TUANZ CEO Craig Young is concerned that the time for organisations to submit on the decision is limited.

“We will endeavour to submit as quickly as possible to fit in with the Commission’s timelines, however we certainly don’t want to be hasty,” said Mr Young.

“We will continue to participate fully in this process, always speaking for the end-users of these services. Our concern has always been over ensuring a fair and competitive market which is sustainable and continues to provide world class services to New Zealanders at fair prices.”

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.