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:

Netflix officialy launching in NZ in March
Created by jarj, last reply by tdgeek on 21-Nov-2014 19:08 (97 replies)
Pages... 5 6 7


Current Netflix payment method as of Nov 14 - Cant pay
Created by andynz, last reply by n0exit on 24-Nov-2014 11:56 (24 replies)
Pages... 2


Gull Employment Dispute.
Created by networkn, last reply by gzt on 24-Nov-2014 13:03 (82 replies)
Pages... 4 5 6


Which one is right for me? M8, Z3, S5 or other?
Created by makiomoto, last reply by makiomoto on 20-Nov-2014 13:52 (40 replies)
Pages... 2 3


Click Monday Deals
Created by mrtoken, last reply by ChoiceCheapies on 24-Nov-2014 12:35 (19 replies)
Pages... 2


Slingshot line speed
Created by Frankiej45, last reply by Frankiej45 on 20-Nov-2014 14:38 (14 replies)

Free 1gb data with $19 combo until end of Jan 2015 (1.5gb total)
Created by eXDee, last reply by JoshWright on 24-Nov-2014 12:09 (20 replies)
Pages... 2


SSD hard drive in aging HTPC disappointingly slow
Created by watman, last reply by joker97 on 23-Nov-2014 22:02 (20 replies)
Pages... 2