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TelstraClear and Telecom pricing reviews withdrawn

17 January 2006/no 089

TelstraClear and Telecom pricing reviews withdrawn

After announcing on Friday 13 January that they had reached a commercial agreement relating to a range of services, TelstraClear and Telecom have withdrawn all the pricing reviews they had previously lodged with the Commerce Commission.

Both TelstraClear and Telecom had applied for pricing reviews of the Commission's decisions relating to interconnection prices and to wholesaling of a range of Telecom's residential and business products, including Telecom's private office network service.

As the parties have agreed on outstanding issues and withdrawn their applications, the Commission will not proceed with the pricing reviews.

The Telecommunications Act encourages commercial negotiations and settlements between parties, and the Commission welcomes the agreement reached by TelstraClear and Telecom in relation to these services.

ENDS

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