A
- ACCC
Australian Competition and Consumer Commission
- ACPEN
Australasian Consumer Protection Enforcement Network
- Administrative settlement
Commission and company agreeing to pricing levels and quality measures, alternative to regulatory control
- Asset management plan
Principal document that drives asset investment planning of businesses
B
- B&K
Bill-and-Keep - A pricing scheme for the two-way interconnection of two networks under which the reciprocal call termination charge is zero - that is, each network agrees to terminate calls from the other network at no charge
- Bill and Keep
A pricing scheme for the two-way interconnection of two networks under which the reciprocal call termination charge is zero - that is, each network agrees to terminate calls from the other network at no charge
C
- CDMA
Code Division Multiple Access – a US developed mobile phone standard; originally second generation but upgraded to deliver third generation services to compatible handsets
- Compliance programme
A series of activities that when combined are intended to achieve compliance
- Comply
To meet obligations and rules
- Consumer
A person who buys from a retailer, an end-user
- Consumer Price Index
Index used to measure inflation
- Consumer-owned Electricity Distribution Business
Electricity Distribution Business exempt from price-quality regulation on the basis of the consumer ownership criterion
- Control
When regulated companies breached price or quality thresholds set for them, the Commission could consider imposing control on their electricity services
- cpm
cents per minute
D
- Deceive
To cause to believe what is false, to mislead as to a matter of fact, to lead into error; to delude, take in
- DSL
Digital subscriber line – method of transmitting high speed data and voice simultaneously over a copper phone line
E
- EIR Act
Electricity Industry Reform Act
- EIRA
Electricity Industry Reform Act
- Electricity distribution business
An electricity lines business providing distribution services rather than transmission services
- Electricity lines business
A business defined to be a ‘large electricity lines business’ in the Commerce Act, including Transpower
F
G
I
- IP
Internet Protocol – method that computers use to communicate over the internet
- ISP
Internet Services Provider
- ITU
International Telecommunication Union
M
- Mandatory
Compulsory, a set of rules or guidelines that must be followed
- Mislead
To lead astray in action or conduct, to lead into error, to cause to err; A representation may be literally true but misleading
- MNVO
Company that provides mobile phone service but does not have its own licensed frequency allocation of radio spectrum, nor does it have the entire infrastructure required to provide mobile telephone service
O
- ODV
Optimised Deprival Value; method of asset valuation based on valuing assets at the level at which they can be commercially sustained in the long term
- ODV Handbook
Handbook describing the optimised deprival valuation methodology
- OECD
Organisation for Economic Co-operation and Development
P
- PDN
Public Data Network - data network used, or intended for use, in whole or in part, by the public
- Post-breach inquiry
Process the Commission works through in order to decide whether or not to declare control on a business in a monopoly market
- PPP
Purchasing Power Parity – exchange rate designed to equalise standard of living differences between countries, and is therefore generally accepted as an appropriate conversion method for non-tradable goods and services
- Purchasing Power Parity
Exchange rate designed to equalise standard of living differences between countries
R
- Regulations
Legislation made under an Act
- Representations
Factual statement made about a product or service; also an impression given by general conduct
- ROI
Return on investment
S
- SIM
Subscriber Identity Module – commonly known as a SIM card that contains a microchip that stores data that identifies the user, for use in GSM and compatible 3G mobile phones
- SMS
Short Message Service, commonly known as text messaging, is a service for sending short messages between mobile devices
T
- Telecommunications Service Obligation
Obligation to supply certain telecommunications services to groups of end-users who may not otherwise be supplied on a commercial basis or at a price that is considered to be affordable
- TFP
Total factor productivity - change in productivity over time, measured by the change in the ratio of outputs to inputs
- Transpower
Transpower New Zealand Limited; the state-owned enterprise that operates New Zealand’s high-voltage transmission network
U
- UMTS
Universal Mobile Telecommunications System – the 3G successor to the 2G GSM standard; the most common form of UMTS uses W-CDMA as the underlying air interface
- Unbundled Copper Local Loop
Wholesale access to the copper line connecting a phone user to the local exchange
V
- VoIP
Voice over Internet Protocol – a way of sending voice calls over a data connection like a broadband connection
