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Author: TMFWysocki Big gold star, 5000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 459  
Subject: Re: Latest Developments Date: 6/8/2007 3:50 PM
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Here are a couple of news stories from down under today:

The Commerce Commission has turned down a request from Telecom for a delay in the timeframe for the company to provide its first standard terms proposals for unbundling the local loop.

The commission said today it was reaffirming its current timetable to develop regulated unbundled local loop and co-location services.

On Tuesday Telecom sought the delay for its first proposals, which are due next Tuesday.

The commission said that after considering Telecom's request, it had decided to stick to the timeframe that it notified to Telecom in early April.

Telecom is splashing out $300 million on a new mobile phone network based on different technology from its existing network, but says customers can use their current cellphones for five more years.

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