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| Thread ID: 69376 | 2006-05-30 11:46:00 | More regulation coming for telecom | Hitech (9024) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 459190 | 2006-05-30 11:46:00 | Looks like the com com are really going to drive regulation very hard into telecom, now thats awesome . adstuff |jobstuff |propertystuff |cuisine |archivestuff |personalstuff stuffonsale STUFF >> BUSINESS >> STORY Tuesday, 30 May 2006 NZ NEWSPAPERS NATIONAL NEWS WORLD NEWS SPORT BUSINESS Stock market Currency International Opinion Features Interest rates Investments SuperTalk Mortgage News People on the move Biz Diary Book Reviews Stock Guru Game Register Scoreboard - Monthly Scoreboard - Yearly Commentaries WEATHER POLITICS HEALTH TECHNOLOGY ENTERTAINMENT ODDSTUFF VIDEOS RURAL OPINION TRAVEL FOOD & WINE MOTORING CARTOON GALLERIES PHOTO GALLERIES CROSSWORDS HOROSCOPES COMPETITIONS NZ MAGAZINES SUBSCRIPTIONS YOUR SAY MAKE STUFF MY HOME ABOUT STUFF FEEDBACK © Fairfax New Zealand Limited 2006 . All the material on this page has the protection of international copyright . All rights reserved SEARCH STUFF WEB HEADLINES ALERT B U S I N E S S S T O R Y RELATED LINKS » Have your say » Subscribe to Archivestuff Commission to keep regulating telecoms 30 May 2006 The Commerce Commission wants to keep regulating most aspects of the telecommunications industry that it now covers . It has been considering whether it should continue regulating 10 of 13 services originally covered under the Telecommunications Act 2001 . The commission released a draft report today recommending to the Minister of Communications that its regulation of all 10 services under review be extended for two years from December 19, 2006 . The commission is proposing that June 28 be the closing date for submissions on the draft report, with a public conference on July 19, followed by the delivery of a final report to the minister at the end of August . Services it wanted to keep regulating included: retail services offered by means of Telecom's fixed telecommunications network; residential local access and calling service offered by means of the network; bundle of retail services offered by means of the network; retail services offered by means of the network as part of a bundle of retail services; interconnection with Telecom's fixed public switched telecommunications network (PSTN); interconnection with fixed PSTN other than Telecom's; local telephone number portability service; cellular number portability service; national roaming; and co-location on cellular mobile transmission sites . The commission decided not to recommend continuing regulation of: national toll-free telephone number portability service; Telecom's fixed PSTN to mobile carrier pre-selection service; and co-location of equipment for fixed telecommunications services at sites used by Broadcast Communications Ltd . The commission said its view was that further regulation would promote competition for the benefit of consumers in the 10 areas it wanted to continue regulating . In the draft report it had considered only whether the regulation period should be extended, and not whether any amendments should be made to services, the commission said . With mobile services, a review now under way was likely to address whether an investigation should be launched into amendments to existing regulated mobile services . Three weeks ago the commission announced it would look at reasons for the lack of new entrants in the mobile market, with an eye to more regulation . The commission said it would begin gathering information from the industry and expected to complete the first phase of the investigation within months . A week earlier, frustrated by the high cost and low uptake of broadband Internet, Telecommunications Minister David Cunliffe announced plans to unbundle the local copper wire network . The move was greeted with glee by Telecom's competitors, but scorn from Telecom, who said it would discourage investment in new technology . The next day investors wiped $1 billion off the value of Telecom, this country's largest listed company . From a share price of $5 . 65 the day before the unbundling announcement, Telecom shares were today selling for $4 . 51 . Last week Telecommunications Commissioner Douglas Webb called for Telecom to take action now, in line with the Government's plans, rather than waiting until legislation is passed which may not be until early next year . »PRINTABLE VERSION »SUBSCRIBE TO FREE HEADLINES »SUBSCRIBE TO ARCHIVESTUFF D I S C L A I M E R Sharemarket information and indices are provided by ABN AMRO Craigs, for information only, and are frequently updated . You should consult your financial advisor or broker to verify information from this page . Neither Fairfax New Zealand Limited nor ABN AMRO Craigs is liable for the accuracy of the information . 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Hitech (9024) | ||
| 459191 | 2006-05-30 11:53:00 | Rather liberal with the copy and paste Hitech :p What's so awesome about the EXISTING regulation remaining in place for a further 2 years? |
PaulD (232) | ||
| 459192 | 2006-05-30 12:00:00 | It will create more competition and drive prices down forcing telecom to compete more than what they do now. As for the copy and paste i tried to leave out the other items but it didnt work so i just pasted what you see. | Hitech (9024) | ||
| 459193 | 2006-05-30 12:11:00 | The existing regulation didn't do anything which is why the Govt was pushed into LLU. | PaulD (232) | ||
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