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

 

Unbundling Legislation Sets Scene for a Big Year

Wednesday December 13, 2006

Unbundling Legislation Sets Scene for a Big Year

Today's passing of the Telecommunications Amendment Act is a turning point for New Zealand consumers - a real choice is not too far away.

TelstraClear Chief Executive Dr Allan Freeth says the broad political support for the Act is encouraging, but it is also a signal to the industry that New Zealanders are not prepared to wait for better services.

"For more than a decade TelstraClear has led the fight for choice. That long, frustrating, and expensive battle is behind us and our focus now is on how quickly we can deliver to customers," says Dr Freeth.

"Yes, operation separation will be complex, and while we will play our part in making things happen we will need access to local loops as soon as possible so we can invest and deliver truly different services."

Dr Freeth says TelstraClear's shareholder Telstra is "fully engaged" in plans to address a long-held myth about telecommunications in New Zealand.

"For a long time, New Zealanders have been told that they can't have the kinds of services enjoyed in countries overseas. Distance, scale, and population size have been held up as excuses for poor services and high prices," he says.

"Next year, through investments in networks such as Tauranga Unplugged, TelstraClear will show customers what's possible in an open, competitive market."

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>


NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>

Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>



Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>



Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>