Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Adams confirms Chorus UFB build at risk
Posted on 5-Dec-2013 10:00 by Bill Bennett. | Tags Filed under: News.



Chorus will struggle to meet its fibre network contractual obligations is regulated cuts to copper access prices go ahead according to Ernst & Young Australia.

The accounting firm reported its preliminary findings to Communications Minister Amy Adams and told her the proposed regulated price cut will have a ‘significant impact’ on the company’s finances.

The next step will see Chorus dragged in for discussions with Crown Fibre Holdings, the government organisation overseeing the Ultra-Fast Broadband project.

This may see some renegotiation but a statement from Adams’ office underlines that the government expects Chorus to make a ‘significant part’ of any shortfall.

Earlier this week Prime Minister John Key ruled out putting more government money into the project. He also said the project would not be slowed down.

Those comments came after the minor parties revolted against a government move to legislate changes to the telecommunications laws which could have seen the Commerce Commission’s decision on copper access prices over-ruled.

[digitl 2013]

digitl on Google+



comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Post your Boat
Created by TimA, last reply by TLD on 30-Jan-2015 20:40 (31 replies)
Pages... 2 3


Am I going down? App for the fearful of flying.
Created by networkn, last reply by Sideface on 29-Jan-2015 23:07 (47 replies)
Pages... 2 3 4


Police Speed Campaign - Summer 2014/2015
Created by nzkiwiman, last reply by KiwiNZ on 30-Jan-2015 21:35 (166 replies)
Pages... 10 11 12


Which canon flash?
Created by esawers, last reply by timmmay on 30-Jan-2015 16:15 (19 replies)
Pages... 2


Bad lower back.
Created by TimA, last reply by jimbob79 on 30-Jan-2015 16:01 (77 replies)
Pages... 4 5 6


FCC defines US broadband: 25 Mbps minimum now
Created by freitasm, last reply by blakamin on 30-Jan-2015 19:37 (18 replies)
Pages... 2


New to VDSL and wondering if I can change where the modem connects in the house
Created by Valcor, last reply by quickymart on 29-Jan-2015 20:59 (17 replies)
Pages... 2


AdBlockers on Geekzone
Created by freitasm, last reply by wally22 on 29-Jan-2015 09:55 (69 replies)
Pages... 3 4 5