Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Commission welcomes High Court judgement over UBA challenge

Commission welcomes High Court judgement over UBA challenge

The Commerce Commission welcomes today’s High Court judgment in relation to Chorus’ appeal against the Commission’s November 2013 decision setting cost-based prices for the unbundled bitstream access (UBA) service.

Telecommunications Commissioner Dr Stephen Gale says today’s decision will allow the Commission to focus on completing the Final Pricing Principle (FPP) review by 1 December 2014.

“The cost modelling currently underway for the UBA service is our best way of promoting price certainty for Chorus and Retail Service Providers (RSPs) as soon as possible.”

Background

The Telecommunications Amendment Act 2001 introduced a new cost-based pricing principle for the UBA service, to have effect from 1 December 2014. The Commission completed a pricing review of the UBA service on 5 November 2013 – setting forward-looking cost-based prices for the UBA service by benchmarking the additional costs of providing the UBA service.

The Commission received five applications to calculate the price for the additional costs of the UBA service in accordance with the final pricing principle – total service long-run incremental cost (TSLRIC).

Following receipt of these applications, the Commission was required to determine a cost-based price for UBA under the final pricing principle (FPP). In doing so the Commission had to:

• follow the process set out in Subpart 4 of Part 2 of the Telecommunications Act 2001 (Act) for pricing review determinations; and • calculate the cost of UBA in accordance with the FPP set out in Subpart 1 of Part 2 of Schedule 1 of the Telecommunications Act 2001 (Act) using a forward looking cost-based method: total service long run incremental cost (TSLRIC).

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Education: Schools Funded To Trial Innovative Approaches

Education Minister Hekia Parata has announced the successful applicants for a new $10 million fund to encourage innovative teaching practices. “I’m delighted with the quality of the 39 projects that have won funding in the first round of the Teacher-led Innovation Fund worth a total of about $2.6 million,” says Ms Parata. More>>

ALSO:

Generation Zero: Skypath Granted Resource Consent

Generation Zero is delighted and relieved that the ‘Skypath’ walking and cycling addition to the Harbour Bridge has been granted resource consent. More>>

ALSO:

Housing: Two New Auckland Special Housing Areas

Two new greenfield Special Housing Areas (SHAs) that will provide up to 1800 new homes in Auckland have been announced today by Building and Housing Minister Dr Nick Smith and Mayor Len Brown. More>>

ALSO:

Royals: The Prince Of Wales And Duchess Of Cornwall To Visit

Prime Minister John Key welcomes today’s announcement that the Prince of Wales and The Duchess of Cornwall will visit New Zealand in November. This will be the second joint visit for Their Royal Highnesses to New Zealand. More>>

ALSO:

Tracey Martin Replaced: Ron Mark Is New New Zealand First Deputy Leader

Clayton Mitchell was the successful candidate for the Associate Whip position. Winston Peters was re-elected as Leader by the Caucus. Ron Mark was elected as the Deputy Leader with effect from 10am, Friday, 3rd July. More>>

ALSO:

Rebuild Rebrand: "Regenerate Christchurch" To Replace CERA

The regeneration of Christchurch will be the city’s focus for the next five years as local leadership progressively takes control of the rebuild, Canterbury Earthquake Recovery Minister Gerry Brownlee says. More>>

ALSO:

Nauru: Scholars Urge Minister To Act On Deteriorating Democracy

“Since the 2013 election in Nauru, there has been a series of disturbing developments on the islands that indicate a severe deterioration in the state of its parliamentary democracy and in the rule of law,” say the scholars. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news