By Paul McBeth
Thursday 6th November 2008
|Text too small?|
The regulator, which has previously probed fixed-line to mobile calls, said developments in the mobile market required a new investigation.
“The commission considers that there are reasonable grounds to commence an investigation into mobile termination,” said Paula Rebstock, chair of the regulator, in a statement. “Recent monitoring has shown improvements in telecommunications services as a result of increased competition, and we look forward to seeing similar improvements in the mobile market.”
Shares of Telecom, which together with Vodafone Group dominates New Zealand’s mobile market, dropped 2.5% to $2.30 and have slumped 45% this year. The commission also plans to look into prices charged for mobile access to internet services.
The Commission said mobile termination rates are “significantly above” the cost of providing inter-network calling and messaging, which may create a barrier for new entrants into the market.
Submissions of support for the investigation came from Kordia, CallPlus, Orcon, Whoosh, TelstraClear, NZ Communications, and TUANZ.
No comments yet
Telecom Corporation of New Zealand (TEL)
Telecom in drive to latch on to growing data usage with 4G mobile launch next month
Telecom lines up to buy 700MHz spectrum to extend reach of 4G network
Telecom backs setting copper prices until 2020, warns against getting too far away from input cost
Telecom puts $60M price tag on new Auckland data centre, Hawkins, AECOM win build
Telecom ends jobs purge, looks for ‘more sophisticated’ ways to save money
Telecom FY earnings fall to bottom of guidance range, sees unchanged dividend in 2014
Telecom takes spat with Vodafone to regulator after dropping court action
Telecom unbundling key to regulator's copper conundrum
Telecom lures customers to faster services in EPL deal