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

 


Unbundled Data Service Available Now

Fri, 8 Oct 2004

Unbundled Data Service Available Now

Telecom’s competitors and their business customers can get on with using data services on Telecom’s network following the Commerce Commission’s decision that the service meets its expectations.

In its report on local loop unbundling, the Commission indicated that it saw significant merit in Telecom’s commercial offering of an Unbundled Partial Circuits (UPC) service. It said it would monitor the implementation of the UPC and if satisfied would not see the need for regulation.

The UPC is a “data tail,” or end of a data circuit, that lets other carriers provide a data service to customers beyond the reach of their own networks. It is particularly designed for serving the needs of large customers with extensive data requirements.

Telecom has worked with the Commission and wholesale customers in developing its service and prices to be offered.

The Commission has now said it is satisfied that the commercial offering by Telecom meets its expectations, and that the price reflects cost-based prices based on overseas benchmarks.

“We are very pleased to have reached a satisfactory conclusion with the Commerce Commission on this issue,” Telecom General Manager Government & Industry Relations Bruce Parkes said.

“We see this as a very good example of Telecom, the industry and the Commission constructively working together to deliver a result that does not rely on formal regulation”

The UPC service is available immediately.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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>>

ALSO:

Half A Billion Accounts: 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>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news