Consumers lose out in copper broadband prices

Consumers will bear the brunt of today’s Commerce Commission decision which looks set to hike up the monthly cost of broadband over the copper network, Labour’s ICT spokesperson Clare Curran said today.

“While Labour supports the Commerce Commission’s role as the independent umpire we note with concern that their decision to raise the wholesale copper price from their interim price creates ongoing uncertainty for telcos and looks set to make things harder for Kiwi consumers in the lead-up to Christmas.

“This is a draft final decision and submitters have just six weeks to respond to what has been described as a ‘monster set of documents’ over the summer period. This seems a short amount of time over a holiday season.

“The only people happy with this outcome seem to be the Government and Chorus. That suggests the Commerce Commission should think again,” says Clare Curran.