The Commerce Commission (“Commission”) gives public notice under section 180 of the Telecommunications Act 2001 (“Act”) that, under the Legislation Act 2019 and Part 6 of the Act, the Commission has amended the Fibre Input Methodologies Determination 2020 [2020] NZCC 21 (“fibre IMs”).

Summary of the Amendment

The Commission has published the amendment in the Fibre Input Methodologies (tax-adjusted market risk premium) Amendment Determination 2024 [2024] NZCC 11 (“amendment determination”).

The amendment determination amends the fibre IMs’ tax-adjusted market risk premium ("TAMRP") parameter value from 7.5% to 7%, for the purposes of price-quality regulation and information disclosure regulation. The TAMRP is one of the parameters that the Commission uses when estimating the weighted average cost of capital for regulated providers of fibre fixed line access services.

Further Information

Copies of the amendment determination, and the supporting reasons paper, are available on the Commission’s website at: https://comcom.govt.nz/regulated-industries/input-methodologies/input-methodologies-for-fibre/projects/amendments-to-the-fibre-input-methodologies-for-the-2025-2028-fibre-price-quality-path.

Dated at Wellington this 28th day of May 2024.

COMMERCE COMMISSION.