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InternetNZ supports Commission timetable for UBA final price

InternetNZ supports Commission timetable for UBA final price: calls on big players to pass savings on

InternetNZ (Internet New Zealand Inc) is pleased with today’s announcement from the Commerce Commission on its intended timeline for its work on the final price for unbundled bitstream access (UBA).

The Commission has announced that it will complete its determination of the UBA price under the final pricing principle by December 1, 2014; the same date that the new price will commence.

InternetNZ Chief Executive Jordan Carter says that this move would provide the certainty that people were worried would be lost.

“When InternetNZ formed the Coalition for Fair Internet Pricing, we were accused of creating instability. What we’ve done is illuminated a problem that is now being solved, and the Commerce Commission is playing its role by delivering the FPP quickly so the industry can gain price certainty and move on,” Mr Carter said.

“We know that some in the industry were concerned that the FPP process could drag on, and that the issue of back-dating a price arrived at after 1 December 2014 would mean that some retail providers would stall on passing on the savings from the price drop.

“If the Commerce Commission is able to meet its self-imposed deadline, then those fears will have been unfounded. The UBA calculation is relatively simple and the timeline should be manageable.”

“Orcon and CallPlus have both gone on record saying they’ll pass on the savings created by the UBA price cut to home broadband users.

“I repeat my call for Telecom and Vodafone to now do the same. The time for hollow words is over,” Jordan Carter says.

ENDS

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