- Release Date: 09/07/13 11:44
- Summary: GENERAL: CNU: Government releases TSO discussion document
- Price Sensitive: No
- Download Document 1.65KB
CNU 09/07/2013 09:44 GENERAL REL: 0944 HRS Chorus Limited (NS) GENERAL: CNU: Government releases TSO discussion document STOCK EXCHANGE ANNOUNCEMENT 9 July 2013 Government releases TSO discussion document The Government has today released the attached discussion document on the review of the Telecommunications Services Obligation (TSO) with submissions on the discussion document due by 20 August 2013. Chorus' General Counsel, Vanessa Oakley, welcomed the review as an opportunity to consider a fit for purpose TSO framework that acknowledges the significant change in industry structure and the Government's fibre vision. Chorus' wholesale services that enable the provision of the retail TSO (and broadband) services today have prices that are regulated under standard terms determinations, the UFB contract, the RBI contract and the open access deeds of undertaking. There is currently no CPI or other adjustment on Chorus' prices. Chorus will need to consider carefully any economic impact of any proposal to extend its TSO obligations. "We also look forward to the release of the Government's wider discussion document on the regulatory framework, announced by the Minister. This will form a significant part of the discussion on a coherent framework that ensures a sustainable and efficient transition to fibre for the years ahead, of which TSO is a part" she said. ENDS ? For further information: Ian Bonnar Manger, Corporate Affairs Mobile: +64 (27) 2157 564 Email: [email protected] Brett Jackson Investor Relations Manager Mobile: +64 (27) 4887 808 Email: [email protected] End CA:00238351 For:CNU Type:GENERAL Time:2013-07-09 09:44:49
Add to My Watchlist
What is My Watchlist?