Telecom backs setting copper prices until 2020, warns against getting too far away from input cost

Sun, 22 Sep 2013

By Paul McBeth Sept. 23 (BusinessDesk) - Telecom Corp, the country’s biggest telecommunications company, is backing government moves to set the price for access to Chorus’ ageing copper network until 2020 to protect the national roll-out of fibre lines, though it warns against getting too far away from the underlying costs of the service. Auckland-based Telecom supports the government’s ultrafast broadband initiative to help fund a fibre-based network across three-quarters of the country, and accepts that if regulated pricing on the old cop...

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