Surely the hand on the Chorus Nuclear Doomsday Clock will have edged closer to midnight! If those retailers want to be assured of faster than the contractual minimum speeds, they will have to pay for it.
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Surely the hand on the Chorus Nuclear Doomsday Clock will have edged closer to midnight! If those retailers want to be assured of faster than the contractual minimum speeds, they will have to pay for it.
Its only a kick in the balls for investors who expected Comcom to deliver in the first place. I didn't expected anything from this highly politicised debating club and am therefore not disappointed. I believe that Chorus is on the right way with offering better "unregulated" products. If you look at the data demand increasing every year by 50%, not too many customers will in a year or two from now still be interested in the regulated base service. ComCom's decision (however it goes) will soon be irrelevant.
An Aussie perspective on CNU- from the SMH.
http://www.smh.com.au/business/motle...521-38olt.html
"Chorus debt rating affirmed by S&P with negative outlook";
http://www.nzherald.co.nz/business/n...ectid=11260523
The recent polling was very positive for National, they had the numbers to go it alone.
Question is, even if that is the case on election day, do you think National would step it at all? And if so how? They seem pretty keen on keeping the voters happy and there's probably more harm than good for them getting involved in CNU which would suggest they wouldn't. However they can probably work out a way to help CNU without hurting the teleco's which might keep them quiet.
IMHO the comcom (concon) are farrrrrr to heavily favouring one side at the moment, something that a 'business focused' government will surely be mindful of.
Of course the Chorus saga has been highly politicised thanks to extremist action from Hooton, Brislen, Chetwin and the rest. Comcom (supposed to be objective and apolitical) made an obviously political decsion. Sweden and Denmark??? For goodness sake.
IMHO Comcom just like all these Govt commissions have been subverted by the loony left.
My hope is that fibre technology will leave copper for dead in a very short time.
"ComCom to run ruler over new Chorus products";
http://www.nbr.co.nz/article/comcom-...comment-655962