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

 


Commerce Commission releases UBA process and issues paper

Commerce Commission releases UBA process and issues paper


The Commerce Commission has today released a paper which outlines the proposed process for pricing Chorus’ wholesale broadband – the unbundled bitstream access (UBA) service - according to the ‘Final Pricing Principle’ in the Telecommunications Act.

The Commission determined the UBA price in November at $10.92, according to the Act’s Initial Pricing Principle, that is, by international benchmarking. The industry has since called for the Commission to reassess that price according to the Final Pricing Principle, by undertaking an engineering model calculation of UBA costs in New Zealand.

The Commission has set a date of 1 December 2014 for completing this work.

“The new UBA price takes effect on 1 December and will have a significant impact on the New Zealand fixed-line telecommunications market. It’s important the Commission takes steps to provide certainty by setting a final price by this date,” said Telecommunications Commissioner Dr Stephen Gale.

The Commission proposes to determine the UBA price by modelling the cost of providing the UBA service on Chorus’ existing copper network, or in some regions, on ‘Rural Broadband Initiative’ fixed wireless.

The Commission is seeking views on its proposed approach. For more information please see the Commerce Commission website www.comcom.govt.nz/uba-final-pricing-principle-price-review .

Submissions close 5pm Friday 21 February 2014.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Revenue Renewal: Tax Modernisation Programme Launched

Revenue Minister Todd McClay today released the first two in a series of public consultations designed to modernise and simplify the tax system. More>>

ALSO:

Scoop Business:
NZ Puts Seven New Oil And Gas Areas Put Up For Tender

A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. More>>

ALSO:

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news