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webwat

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#91619 17-Oct-2011 22:19
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Vodafone, Orcon, CallPlus, Compass and Airnet will receive a share of NZ$31.6 million compensation from Telecom NZ after a negotiated settlement of the ComCom's discrimination case ahead of the demerger. The settlement includes a NZ$250,000 contribution to the Commerce Commission's costs, and a formal Telecom NZ statement saying it doesn’t accept it had breached it's undertakings.

Telecom NZ reaped a significant commercial gain after it failed to provide unbundled bitstream to competing telcos in conjunction with the sub-loop extension service it provided to its retail division. The settlement means Telecom has dodged the CallPlus claim of $65 million and Kordia’s claim of $74 million plus ComCom penalties and claims from the other telcos.

Reynolds says “We are now in the process of rolling out a UBA service to work with access seeker voice.”

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10758977

Sorry couldn't find a link to the commsday.com article.




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sbiddle
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  #534528 18-Oct-2011 06:21
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