Friday, January 13, 2006

NZ Telecom Pays $12M to Telstra Over Pricing Dispute

A UPI newsbrief, via PhysOrg.com, reports that:

New Zealand Telecom said Friday it will pay about $12 million to settle a pricing dispute with Australian rival Telstra.

Last month Telecom was ordered to provide Telstra with access to its broadband services in order to increase competition in New Zealand. The latest agreement will give Telstra further discounts to use its networks as well.

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