|
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
Devon Funds Morning Note - 18 March 2026
TRA - Turners updates earnings guidance
March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion
PYS - PaySauce undertakes Minimum Holding buyback
March 17th Morning Report
Meridian Energy monthly operating report for February 2026
MCY - Mercury considers Green Bond offer
March 16th Morning Report
Metro Performance Glass FY26 Market Update