New Zealand's ComCom delays UFB deregulation due to market evolution and insufficient competition.
New Zealand's Commerce Commission (ComCom) deems it too early to consider deregulating fibre services like ultra-fast broadband (UFB) due to the market's evolving nature and insufficient competitive constraint on fibre providers. The current regime aims to incentivize regulated fibre wholesalers to act in consumers' best interests and promote competition in telecommunications markets. Final decisions are expected by Q4 2024.
August 27, 2024
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