IT'S DONE - TELECOM IS SEPARATED!
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Posted Mon 31 March 2008 @ 9:34 a.m. by Ernie Newman
At 9.15 this morning Minister Cunliffe announced he has signed off the Separation undertakings with Telecom, clearing the last hurdle to Separation today.
The Minister's statement indicates that the following drafting changes have been made since the final round of consultation - reflecting very closely the submission made by TUANZ as well as others:
- Reducing the level of group based incentives for Wholesale Division Managers to no more than 30 per cent of their total income
- Enhancing the milestones for NGN rollout to clarify expectations that fixed voice customer lines operation will reach the target of 84 per cent by the end of 2012. We will have achieved 10 Megabit per second and 89 per cent of lines will have achieved 5 Megabit per second.
- Strengthening provisions around IP interconnection to provide the strongest possible assurances of non-discrimination given the current level of technology uncertainty, and providing for a robust and transparent process for resolving any future definitional or access issues.
- Further protection of confidentiality for customer and commercial information, given the need to build additional safeguards into Telecom’s internal information systems and providing a role for the Commerce Commission in overseeing this process
- A number of other drafting and definitional changes to better give effect to the separation plan.
Categories: Fixed line carriers | Regulatory | TUANZ policy