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.
Curran says Ernst & Young Chorus report flawed
Posted on 20-Dec-2013 08:20 by Bill Bennett. | Tags Filed under: News.


Labour communications spokesperson Clare Curran
Labour communications spokesperson Clare Curran

Labour communications spokesperson Clare Curran says there are two flaws in Ernst & Young report into the financial state of Chorus.

Communications minister Amy Adams commissioned Ernst & Young Australia to investigate how the Commerce Commission ordered price cuts to the network operator’s copper lines changed Chorus’ finances.

The report concludes Chorus is not in danger of bankruptcy, the company can make changes to reduce the shortfall caused by the lower copper price and that the contract does not need to be renegotiated.

Curran warns this still leaves Chorus able to “work to rule” a practice that could, effectively, bring New Zealand’s communications to a grinding halt.

She highlights what she describes as two flaws in the Ernst & Young report.

First Curran says there are indications the report writers depended on information supplied by Chorus “without significant verification, even though the terms of reference required them to.”

She also says the report fails to take the combined impact of price cuts to unbundled copper local loop and unbundled bitstream access services into account.

Curran says: “According to our information the impact of both prices could be that the copper price will rebalance to be around what it is today. The issue is the time lag in getting there and the impact on the industry”.

[digitl 2013]

digitl on Google+

The post Curran says Ernst & Young Chorus report flawed appeared first on digitl.




comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Good riddance to Obama and his drones. Pakistani villagers will be saying the same.
Created by amiga500, last reply by joker97 on 22-Jan-2017 22:29 (109 replies)
Pages... 6 7 8


The President Of The USA: Donald Trump
Created by TimA, last reply by Fred99 on 22-Jan-2017 22:39 (1869 replies)
Pages... 123 124 125


Headphones recommendations?
Created by rayonline, last reply by joker97 on 22-Jan-2017 22:33 (16 replies)
Pages... 2


$1160 for a car battery??!!
Created by jonathan18, last reply by alasta on 22-Jan-2017 17:20 (62 replies)
Pages... 3 4 5


Xtra email no longer receives on Outlook 2003 / Outlook 2011 for MAC
Created by lNomNoml, last reply by hio77 on 22-Jan-2017 13:40 (45 replies)
Pages... 2 3


New Ford Mustang or Holden Commodore or alternatives
Created by MikeB4, last reply by driller2000 on 21-Jan-2017 12:39 (63 replies)
Pages... 3 4 5


Spec check on laptop for GoPro editing please
Created by martyyn, last reply by richms on 20-Jan-2017 17:23 (13 replies)

New Unlimited Fixed Broadband
Created by LivingSkinny, last reply by noroad on 19-Jan-2017 11:14 (55 replies)
Pages... 2 3 4