Tuesday, August 10, 2010

Reynolds: UFB proposal requires regulation relief

Telecom Chief Executive Paul Reynolds says their UFB proposal is dependent on the company receiving regulatory relief (See Variation 4 - Proposed Amendments to the Undertakings). Reynolds advises regulation "stifle its [Telecom's] competitiveness while failing to benefit consumers".

Bids are currently being lodged with Crown Fibre Holdings for part of the Governments $1.5 billion package, with preferred partners due to be picked by the end of October.

Read More (Scoop)

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