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

 

Regulator drops probe after 2degrees, Vodafone cut deal

Regulator drops probe after 2degrees, Vodafone cut deal

By Paul McBeth

Dec. 15 (BusinessDesk) – The Commerce Commission has dropped its probe into national mobile roaming services after phone operators Two Degrees Mobile Ltd. and Vodafone NZ Ltd. cut a deal for the minnow’s customers to access the rival network.

The regulator put its investigation on hold last year to complete its probe into mobile termination access services, and today said it was dropping the case after adequate commercial arrangements were put in place. National roaming is the ability for customers to make and receive calls on their phones while accessing rival network.

“The commission’s remaining concern in relation to national roaming was whether the levels of commercial rates available to Two Degrees Mobile Ltd. were a barrier to expansion,” Telecommunications Commissioner Ross Patterson said in a statement. “2degrees have now advised the commission that they have concluded alternative arrangements with Vodafone that enable 2degrees to carry out its business on a more equitable basis.”

The commission pursued the investigation as a result of its probe into mobile termination rates, an area that will be regulated, after saying it planned to align the two processes.

In separate releases, the regulator said it has set this year’s Telecommunications Service Obligation determinations though the residential service portion won’t be finalised until legal proceedings are completed, and it also extended local and mobile phone number portability for another six years.

(BusinessDesk)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on seek.co.nz. Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>