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


Wholesaling Recommendation Risks Forgetting Custom

Wholesaling Recommendation Risks Forgetting Customers

Telecom will be arguing that regulation should encourage competition and choice for customers when it presents its views on wholesaling to the Commerce Commission next month.

Telecom has released its submission to the Commerce Commission’s draft determination on wholesaling.

“As it stands, the draft decision includes the wholesaling of all sorts of services such as tolls and Xtra where there clearly is competition. It also could require wholesaling in areas where rivals have competing networks,” said Bruce Parkes, General Manager Government and Industry Relations.

“The Government said it wanted to encourage competition where there were bottlenecks. It’s hard to understand how that aim could mean wholesaling services like toll calls and Xtra where customers already have a choice of supplier.

“The risk for customers is that it would be easier for telcos to resell services off Telecom’s network rather than building their own. Customers would be the losers because they would have no real choice.

“Changing technology – and the Government’s own Probe process – is enabling and encouraging competing networks. This draft decision would go in the opposite direction.

“In Australia the ACCC only regulates one retail service for wholesaling – untimed local calls – and the ACCC has decided to remove regulation from this service in major cities where there is network competition. In New Zealand the Commission’s draft determination covers 212 services.

“We acknowledge that this is an early stage in the process and we are confident the Commission will look at all the information it has asked for and scale back the scope of regulation in its final decision.

“Telecom is already an active wholesaler operating commercial arrangements with TelstraClear and other providers.

“When we present our submission to the Commission’s conference in February, we’ll be focusing on the need to ensure that regulation encourages investment that will deliver the sort of competition that will really benefit customers,” Mr Parkes said.

A copy of Telecom’s submission to the Commission can be found at:,3900,200653-1548,00.html

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news