Windows and Outlook search annoying you? Be in to win one of ten Lookeen Desktop Search licenses now

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:

What would you do if you got this text?
Created by kiwifidget, last reply by kiwifidget on 11-Feb-2016 21:12 (22 replies)
Pages... 2


Gravitational waves observed for the first time, proving Albert Einstein right 100 years on.
Created by tehgerbil, last reply by joker97 on 13-Feb-2016 09:03 (35 replies)
Pages... 2 3


Netflix Crackdown - have you been affected?
Created by Paul1977, last reply by MileHighKiwi on 12-Feb-2016 10:45 (366 replies)
Pages... 23 24 25


Pretty serious security flaw with online bills
Created by dclegg, last reply by BarTender on 12-Feb-2016 20:08 (31 replies)
Pages... 2 3


Whats something small that really annoys you?
Created by Finch, last reply by alasta on 12-Feb-2016 19:55 (477 replies)
Pages... 30 31 32


Replacement genuine Laptop batts becoming unavailable in NZ ?
Created by 1101, last reply by 1101 on 12-Feb-2016 16:29 (15 replies)

Sex toys and Waitangi Day - Whats your take on the flip flopping day.
Created by Mspec, last reply by pctek on 12-Feb-2016 16:47 (114 replies)
Pages... 6 7 8


How do you keep your Windows install clean and nice?
Created by mdf, last reply by nathan on 11-Feb-2016 13:31 (12 replies)