16 Feb 2011

Details of Telecom split made public

12:55 pm on 16 February 2011

Proposed changes to telecommunications regulations that were tabled in parliament on Wednesday set out how Telecom would separate into two companies.

Telecom has said it will split its wholesale arm Chorus from its retail division, in order to take part in the Government's ultra fast broadband initiative.

Telecommunications Minister Steven Joyce has released a Supplementary Order Paper outlining proposed amendments to the Telecommunications Act, along with supporting Cabinet Papers.

The documents set out the proposed legislative changes needed to enable the Government's broadband initiatives, including separating Telecom.