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

 


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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news