CNU
16/10/2014 08:57
GENERAL
REL: 0857 HRS Chorus Limited (NS)
GENERAL: CNU: Commerce Commission suspends regulated UBA investigation
16 October 2014
Commerce Commission suspends regulated UBA investigation
Chorus has today been notified that the Commerce Commission is suspending its
investigation into Chorus' proposed changes to the regulated Unbundled
Bitstream Access (UBA) service.
The Commission had commenced an investigation following a complaint about
some of the proposed changes from Spark. Chorus has since advised the
industry that it is putting traffic management proposals on hold and Spark
has put its complaint on hold.
"Chorus welcomes the notification from the Commerce Commission that it is
stopping its investigation," said Vanessa Oakley, Chorus General Counsel. "We
have always sought to work constructively with the industry, and this has
included extensive consultation with customers and the Commission on a number
of proposals in advance of making any changes".
Chorus' view is it is currently over-delivering on its regulatory
requirements today and looks forward to greater clarity on its regulatory
obligations as part of the final pricing principle review. Chorus remains
committed to developing commercial products that sit alongside regulated
services and meet emerging industry and end user demands.
A copy of the Commission's release is attached.
ENDS
For further information:
Ian Bonnar
GM Corporate Relations
Mobile: +64 (27) 215 7564
Email: [email protected]
Brett Jackson
Investor Relations Manager
Mobile: +64 (27) 488 7808
Email: [email protected]
End CA:00256470 For:CNU Type:GENERAL Time:2014-10-16 08:57:22
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