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

 

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news