Spark to hike broadband, phone prices over copper decision

Spark to hike broadband, phone prices over copper decision
By Paul McBeth Dec. 10 (BusinessDesk) - Spark New Zealand, formerly Telecom Corp, will hike retail prices for its home phone and broadband plans from February, blaming the smaller reduction in regulated wholesale prices on Chorus's copper network. The Auckland-based company will raise prices on homephone-only, and 40 gigabyte and 80GB broadband plans by between $2.50 and $4.25 a month from Feb. 1 after the Commerce Commission this month indicated plans to cut wholesale telecommunications prices by a smaller amount than previously flagged,...