|
Tuesday 21st December 2010 |
Text too small? |
The Commerce Commission has decided that Telecom's new wholesale broadband service VDSL2, or very-high-speed digital subscriber line 2, does not need to be regulated.
The new service incorporated features not included in the regulated unbundled bitstream access (UBA) service, and it was appropriate that the market determine the price for the enhanced service, the commission said today.
UBA is a regulated wholesale service that allows telecommunications companies to supply a range of broadband services to retail customers.
Telecom Wholesale is required to provide those services covered by the UBA service description on a non-discriminatory basis to its own retail arm Telecom Retail as to other telecommunications companies.
Telecommunications Commissioner Ross Patterson said the commission was satisfied that the new service had higher specifications, which differentiated it from the regulated service.
"There has been much debate about the willingness of consumers to pay for upgraded broadband services, and it is appropriate that the price is set by the market," Patterson said.
NZPA
No comments yet
PYS - PaySauce to announce F26 full year results on 27 May 2026
PEB - Draft LCD Proposes Medicare Coverage for Triage and Triage
MEL - Meridian Energy monthly operating report for April 2026
FBU - Sale of South Australian property
AIR - Air New Zealand market update
May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend
May 13th Morning Report
Pacific Edge launches capital raise of NZ$24 million