16 February 2011

Telecommunications Minister Steven Joyce this morning released a Supplementary Order Paper (SOP) outlining proposed further amendments to the Telecommunications Act, along with supporting Cabinet Papers.

The documents detail proposed legislative changes necessary to enable a range of Government initiatives including Ultra-fast Broadband and the Rural Broadband Initiative.

The proposed changes in relation to Telecom follow on from the MED’s public consultation of September last year entitled “Regulatory Implications of Structural Separation”.

Telecom remains in negotiations with Crown Fibre Holdings regarding commercial terms to deliver Ultra-fast Broadband.

“We have actively engaged in the Ministry of Economic Development’s consultation process and industry workshops. We will continue to participate actively, along with other industry players, in the select committee process,” said Paul Reynolds, Telecom CEO.

“While this is enabling legislation these legislative changes are predicated on Telecom reaching commercial agreement with Crown Fibre Holdings.

“Telecom remains focused on its ongoing intense commercial negotiations with Crown Fibre Holdings.”

“Telecom remains committed to finding a solution for Ultra-fast Broadband that meets the needs of its shareholders, the Government and New Zealand,” he said.

ENDS

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