TEL 0.88% $2.87 telecom corporation of new zealand limited

Ann: GENERAL: TEL: Telecom welcomes TSO discussio

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. lightbulb Created with Sketch. 2
    • Release Date: 09/07/13 13:07
    • Summary: GENERAL: TEL: Telecom welcomes TSO discussion document
    • Price Sensitive: No
    • Download Document  2.08KB
    					
    
    TEL
    09/07/2013 11:07
    GENERAL
    
    REL: 1107 HRS Telecom Corporation of New Zealand Limited
    
    GENERAL: TEL: Telecom welcomes TSO discussion document
    
    STOCK EXCHANGE ANNOUNCEMENT
    
    9 July 2013
    
    Telecom welcomes Telecommunications Service Obligations (TSO) discussion
    document
    
    Telecom has welcomed the release by Communications and Information Technology
    Minister, Amy Adams, of a discussion document on possible changes to the
    Telecommunications Service Obligations (TSO).
    We support the proposed review of the TSO framework, and believe that it is
    timely to assess whether there is a continuing need for a TSO in all parts of
    the country. We believe the current copper-based TSO should be updated to
    allow TSO services to be delivered over other available technologies such as
    mobile and fibre.
    The telecommunications landscape has changed enormously in recent years,
    driven by extended take-up and coverage of fixed and mobile access networks.
    It makes sense for regulation to better reflect this new technological
    landscape.
    Telecom recognises the critical role that fixed line telecommunications
    services play in keeping New Zealanders connected and is proud to be the TSO
    provider of residential access services to New Zealand. We are committed to
    continuing to provide essential telecommunications services to communities
    and businesses across New Zealand.
    We will respond to the discussion paper and look forward to further
    development of the Government's TSO policy.
    
    - ENDS -
    
    The Ministerial media release is at:
    http://www.beehive.govt.nz/release/tso-discussion-document-released
    
    Discussion documents are available at:
    http://www.med.govt.nz/sectors-industries/technology-communication/communicat
    ions/telecommunications-service-obligations/tso-review/review-of-the-tso-for-
    local-residential-telephone-service
    
    For media queries, please contact:
    Richard Llewellyn
    Head of Corporate Communications
    +64 (0) 27 523 2362
    
    For investor relations queries, please contact:
    Mark Laing
    General Manager Capital Markets & Investor Relations
    +64 (0) 27 227 5890
    End CA:00238359 For:TEL    Type:GENERAL    Time:2013-07-09 11:07:05
    				
 
watchlist Created with Sketch. Add TEL (NZSX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.