CNU chorus limited (ns)

Ann: GENERAL: CNU: Government releases TSO discus

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    • Release Date: 09/07/13 11:44
    • Summary: GENERAL: CNU: Government releases TSO discussion document
    • Price Sensitive: No
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    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
    				
 
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