On Mon, 29 Dec 2003 19:39:09 +1300, Matthew Poole wrote
They aren't allowed to raise it by more than the CPI each year, and they raised it by three years' worth last time (which was about this time last year, IIRC). What a shame the drafters of the Kiwi Share didn't have the foresight to consider that TCNZ's cost of operation might actually go _down_, and put in a clause with that contingency in mind - I don't think anyone believes it's actually costing Telecom more this year to provide the same level of service as last year.
Does anyone have a list of the historic price rises? I found it interesting that they can offer beter prices in one part of NZ and not others. IIRC Telstra isn't allowed to do that in Australia. This reads like a 'Price Shake Up' exercise. I wrote an article about this sort of thing a couple of years ago. The basic idea is that it gets people thinking about their telephone accounts. Sure they might lose a bit of business here and there but they gain more as people look for different ways to save a few dollars. People take a look at the products and service they could purchase, see something they like and buy it... they might have started out trying to save, they end up spending. Cheers DiG -- Don Gould The technology exists to give every home 10mbits per second for $10 per month! Ask not what your telephone company should do for you... ...but what you can do for your broadband community!