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Commerce Commission

Pulse Utilities Gets New Shareholders In Capital Raising

Wellington, Dec 18 NZPA - Pulse Utilities New Zealand Ltd said it has raised $4.26 million of new capital from 18 people in a private capital raising. This was slightly more that the $4m the company was seeking in the sale of new shares at 50c each.

Commerce Commission Closes Leak Investigation

Commerce Commission Closes Leak Investigation
Wellington, Dec 17 NZPA - The Commerce Commission has closed an investigation into a potential breach of a confidential interconnection agreement between mobile phone operators 2degrees and Vodafone in stories in the Independent and the National Business Review newspapers in August.

Govt Set To Level The Playing Field In Electricity Generation

Govt Set To Level The Playing Field In Electricity Generation
Wellington, Dec 9 NZPA - The Government is set to ride roughshod over the jewel in its energy crown, Meridian Energy, by stripping it of two key hydro-electricity stations at the head of the Waitaki River, and handing them over to government-owned rival Genesis Energy.

Govt Shakes Up Electricity Sector

Govt Shakes Up Electricity Sector
Wellington, Dec 9 NZPA - The Government will introduce tomorrow law changes to force state-owned electricity generators to exchange assets in a bid to improve competiton in the sector.

Govt To Shake Up Power Companies

Govt To Shake Up Power Companies
Wellington, Dec 9 NZPA - The Government is going to shake up the state owned power companies in an attempt to get more competition into the electricity sector.

NZ Sharemarket Closes Lower, Property Trusts Strong

NZ Sharemarket Closes Lower, Property Trusts Strong
Wellington, Dec 4 NZPA - The float of DNZ Property Fund has been pulled but the property trusts already listed on the New Zealand sharemarket performed strongly today.

TSO Cost Put At $69.7m For 08/09

TSO Cost Put At $69.7m For 08/09
Wellington, Dec 4 NZPA - The Commerce Commission has put the draft cost of the telecommunications service obligation (TSO) for the 2008/09 year at $69.7 million.

Regulator Looks To Push Ahead On Mobile Termination

Regulator Looks To Push Ahead On Mobile Termination
Wellington, Dec 4 NZPA - The Commerce Commission is looking to push ahead on recommendations for mobile termination rates, after an attempt to get Telecom, Vodafone and 2degrees to reach an acceptable agreement among themselves failed.

Vodafone Loses Appeal On TSO Costs

Vodafone Loses Appeal On TSO Costs
Wellington, Dec 2 NZPA - Vodafone has lost a Court of Appeal case about the way the Commerce Commission works out the costs of providing local residential telephone services to non-commercial customers.

Powerco Cautiously Optimistic On Distribution Rules

Powerco Cautiously Optimistic On Distribution Rules
Wellington, Dec 2 NZPA - Electricity networks company Powerco is "cautiously optimistic" after the Commerce Commission published its decisions on prices and quality in the industry.

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