Telecom defends broadband pricing

26 Sep 2006

Telecom New Zealand has responded to criticism of its new broadband pricing plans, saying it is ‘totally committed to playing by the rules’. The telco has brought in a package offering internet access for NZD29.95 a month, giving a NZD10 discount on the usual monthly tariff if the customer takes both a phone service and a broadband connection. This is only just above the wholesale price of NZD28.04, leading rivals to slam its new retail offer for harming competition. Telecom, however, says the wholesale price was set by regulators and that it is based on average retail prices across all packages, not just on the cheapest offering.

New Zealand, Spark