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

 

Wholesale determination delivers choice

Issued 14 June 2003-04/133

Telecommunications Act: Residential Wholesale determination delivers choice for residential customers

The Commerce Commission today released its final determination relating to the supply of residential services on a wholesale basis between Telecom New Zealand Limited and TelstraClear Limited under the Telecommunications Act 2001.

Services covered by the Commission's determination include residential local access and calling, network messaging services, fax services, paging services and bundles of residential services.

"This determination will enable TelstraClear as a reseller to supply to residential customers many of Telecom's products," said Telecommunications Commissioner Douglas Webb. "This will increase competition which will ultimately benefit consumers."

TelstraClear is able to resell Telecom's Jetstream products to residential customers under an earlier Commission ruling.

Under the Telecommunications Act, TelstraClear had requested the Commission to determine the whole range of price and non-price terms and conditions.

"Commercial negotiation between the parties led to a significant narrowing in the scope of the original application," said Mr Webb.

The Telecommunications Act sets an initial wholesale price for the local access and calling service at 2 percent off Telecom's retail price, while the Commission has set the initial wholesale price of other residential services at 16 percent off Telecom's standard retail prices.

The Commission's determination is effective for 18 months from today, 14 June 2004. A copy of the determination is available at www.comcom.govt.nz , select Telecommunications Regulation.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>