Internet services price expected to decrease
This is after the Commission announced yesterday that FINTEL's Bandwidth price will decrease as much as 61 percent in the next two years with a reduction of 34.6 percent from next month.
Commission Chairman, Dr. Mahendra Reddy said they will be closely monitoring the internet service providers to see that consumers are benefitting.
He has warned that Commerce Commission will regulate the market price if internet service providers are found breaching the law.
The Commerce Commission also announced yesterday that Internet Service providers can now have direct access to the Southern Cross Cable.
Dr. Reddy said the Commission is satisfied that access to the Southern Cross Cable is appropriate and possible to promote competition and it has therefore decided that operators can now have direct access, subject to normal commercial trading terms and conditions.
According to the Commission, on application by a third party, FINTEL is obliged to facilitate access for the landing of an operator’s capacity and the delivery of this shall be within six weeks.
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