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Lack of competition cramping NZ broadband

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http://www.itwire.com – Broadband users in New Zealand have long looked enviously at their counterparts in Australia where monthly data quotas are much larger and costs per gigabyte much lower. Now a study by market research firm Market Clarity has revealed that Australian ISPs actually pay more for connectivity and capacity than the Kiwis, and it is lack of competitive pressure that is keeping New Zealand prices high. After all network costs (network access, domestic backhaul and IP Transit) are taken into account, Market Clarity found that Australian retail broadband ISPs retain a median profit margin of 26.3 perc (IT news)