Home Business Telecommunications NZ regulator seeks funding for fibre regulation
NZ regulator seeks funding for fibre regulation Image courtesy of pakorn at FreeDigitalPhotos.net

New Zealand’s competition regulator, The Commerce Commission, is looking for feedback from the telecommunications sector on the funding for its plan to implement new regulation for fibre networks.

The Commission’s call for feedback comes as the New Zealand Parliament is considering the Telecommunications (New Regulatory Framework) Amendment Bill, under which the proposed legislation would regulate the new fibre networks being rolled out nationally as part of a $7 billion ultrafast broadband initiative.

The Bill introduces a utility-style regulatory regime, similar to what exists for energy networks and airports, and the legislation would require the Commission to set upfront rules and develop information disclosure requirements for the local fibre companies.

Under the legislation, The Commission would also set the maximum revenue that network operator Chorus could charge its customers and the quality of service it must provide.

If passed, the legislation will set us a substantial task of regulating fibre networks, a task that will require an increase in funding and staffing,” Telecommunications Commissioner Dr Stephen Gale said.

“We have calculated that it would cost us $12 million to implement the proposed regulation over a three-year period. We are seeking feedback on whether our plan incorporates an appropriate level of quality for this process. We will consider feedback before making our proposal to the Government to increase the industry levy which funds our work in the telco sector."

To access the paper outlining the Commission’s funding consideration click here.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

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