MyRepublic warned for failing to hand over info for telco levy

Sun, 09 Jun 2019

By Paul McBeth June 10 (BusinessDesk) - The Commerce Commission has publicly warned MyRepublic for failing to give it the right information on time to work out the internet service provider minnow's share of the $50 million Telecommunications Development Levy. Telecommunications companies pay an annual levy to the government which is used to pay for infrastructure where it isn’t immediately profitable to do so, such as in rural areas. The levy replaced the Telecommunication Service Obligation that Telecom previously operated under, known...

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