Helen Clark

View Original

Telecom New Zealand

Original source: Wikipedia

In 2000, the New Zealand Government conducted a comprehensive review of the regulatory regime in the telecommunications industry. Subsequently, in 2001 the Telecommunications Act was passed, which among other things established the role of a Telecommunications Commissioner.

In a decision by the Government on 3 May 2006, Telecom was forced to unbundle the local loop, to provide "access to fast, competitively priced broadband internet".[56] The decision significantly affected the company's market share,[57] and allowed competitors (such as TelstraClear, Orcon and Ihug) to offer broadband and other communications services throughout New Zealand by installing their own equipment in exchanges.[58][59] The announcement of this decision was rushed ahead of schedule, as the documents were leaked to Telecom who advised the government of the leak.

Read the full article.