There’s a fabulous win for consumers and a Government good news story out of the Commerce Commission yesterday – significant cuts in the cost of broadband for consumers. You.
As prices keep rising and wages don’t, finally we might get a fair break.
But John Key’s not happy. As National’s troubled Ultra-Fast Broadband program creaks along (they’ll still be promising it next election, as in 2008 and 2011…), fibre is struggling to roll-out. Businesses are being offered it at a hugely more expensive price than copper, and turning it down.
Copper getting cheaper is the last thing it needs.
So John Key wants to stop the decision, and isn’t ruling out legislating over it.
We can’t be reducing Chorus’ profits by $160 million per year!
And we can’t make customers want fibre by making it attractive, so we’re going to punish them with higher prices until they take what’s good for them…