CNU chorus limited (ns)

Ann: GENERAL: CNU: Commission assessment of regulated UBA...

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    • Release Date: 22/07/14 09:15
    • Summary: GENERAL: CNU: Commission assessment of regulated UBA proposals
    • Price Sensitive: No
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    					CNU
    22/07/2014 09:15
    GENERAL
    
    REL: 0915 HRS Chorus Limited (NS)
    
    GENERAL: CNU: Commission assessment of regulated UBA proposals
    
    STOCK EXCHANGE ANNOUNCEMENT
    
    22 July 2014
    
    Commission assessment of Regulated Unbundled Bitstream Access proposals
    
    The Commerce Commission has today announced, in response to a complaint from
    Telecom, that it will investigate whether proposed changes to the regulated
    unbundled bitstream access service (UBA) would be an enforceable breach under
    the Telecommunications Act.
    
    This investigation will proceed in parallel with the current:
    
    - Commission process considering Chorus' new Boost HD and Boost VDSL
    wholesale service proposals which is currently in a submission process; and
    - Consultation with retail service providers (RSPs).
    
    Chorus will continue to engage with all processes and consultations.
    
    Chorus is currently over-delivering on its regulatory requirements today, and
    will continue to do so.  Chorus is proposing traffic management on the best
    efforts UBA service which will ensure that the service remains fit for
    purpose at around today's observed levels.
    
    Chorus also believes that its proposed new commercial "Boost" services offer
    distinct new capability and services that facilitate RSP competition and
    innovation, and successful implementation of these services is in the
    interests of end users.
    
    This additional process and further delays to the timetable may delay these
    services being available in the market.
    
    ENDS
    
    For further information:
    
    Ian Bonnar
    Corporate Affairs Manager
    Mobile: +64 (27) 215 7564
    Email: [email protected]
    
    Brett Jackson
    Investor Relations Manager
    Mobile: +64 (27) 488 7808
    Email: [email protected]
    End CA:00252933 For:CNU    Type:GENERAL    Time:2014-07-22 09:15:53
    				
 
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