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- Release Date: 05/11/13 11:53
- Summary: COMCOM: TEL: Commerce Commission release final UBA price review decision
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TEL
05/11/2013 09:53
COMCOM
REL: 0953 HRS Telecom Corporation of New Zealand Limited
COMCOM: TEL: Commerce Commission release final UBA price review decision
MARKET RELEASE
5 November 2013
Commerce Commission releases final decision on UBA price review
The Commerce Commission has today released its final decision on the
Unbundled Bitstream Access (UBA) price, one of the principal components of
the wholesale price for broadband services over the Chorus copper network.
The Commission has set the UBA price at $10.92 per line per month, applying
from 1 December 2014. This imputes to a total input cost for copper broadband
of $34.44, compared with the current price of $44.98.
The Government has previously signalled it may legislate to set the copper
broadband price, within a proposed range of $37.50 to $42.50.
Copies of the media release from the Commerce Commission, and a statement
from Communications and IT Minister, Amy Adams, are attached.
- ENDS -
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:00243342 For:TEL Type:COMCOM Time:2013-11-05 09:53:55
