Chorus, Telecom New Zealand’s newly independent network infrastructure arm, has reportedly issued fellow fixed line operator TelstraClear with a substantial refund relating to seven years’ worth of surplus Telecommunications Service Obligation (TSO) charges. The settlement comes after TelstraClear sought partial TSO repayments from 2003/04 to 2007/08 alongside a reduction in its outstanding payments for 2008/09 and 2009/10; last year the Supreme Court ruled that the Commerce Commission had erred in setting the levy too high. The terms of the deal are to remain confidential, but settle all issues arising from the original Supreme Court decision.*Chorus assumed responsibility for the TSO liabilities from Telecom after the two companies were structurally separated in November 2011, as a prerequisite for the incumbent participating in the government’s Ultra Fast Broadband (UFB) scheme.
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OVETEL Chorus of disapproval; Telecom network arm refunds TelstraClear
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