Broadband joins the ranks of Electricity, Gas and Water, as 4th utility.
Communications Minister Amy Adams has announced a series of policy decisions on the future regulation of the telecommunications sector as the current system doesn't take into account the uptake of fibre by consumers.
“Digital technologies are transforming the way New Zealanders live, work and do business. To help reach our 2025 broadband target and to keep our economy growing, we need the right laws in place to make sure high quality and affordable communication services are available for consumers and businesses,” says Ms Adams.
Here at glimp, we hope we will be able to play part in shaping this future.
“The communications sector is vastly different to the market in 2001 when the Telecommunications Act was introduced, and it’s time for our laws to catch up.”
This is exciting news, as the electricity industry is far more regulated than telecommunications making it easier for comparison websites, like us, to provide our service.
The Government will move to a framework for regulating copper and fibre services that is similar to the electricity industry from 2020. This will result in the delivery of more support for investment in high quality and affordable communication services for New Zealanders. Fibre and copper lines company Chorus, has welcomed the decision, saying the Government has effectively recognised broadband as the 4th utility, alongside water gas and electricity.
What does it mean for you?
The Government says there will be no sudden increase in prices for so-called "anchor" products like basic phone and broadband services. It will also consider whether national roaming charges on mobile phones should be regulated. You will have a chance to give your feedback on the proposals later this year, as the new regulations come in to force from 2020. Also, like I said before, it will make it easier for services like ours to exist making it easier for consumers to make an informed decision and who wouldn’t want that?
Here at glimp - NZ’s comparison website, we certainly want that, look forward to it and helping shape the future of broadband industry.