The Analysys Mason Review of Pricing and Access Arrangements for the MANs noted that enet was not in compliance with the agreed Code of Practice in relation to its approach to intercompany transfer pricing. In that regard I referred the report in February to the Commission for Communications Regulation, in view of its acknowledged expertise in the area, to undertake a review to:
· Establish whether enet complied with its obligation under the Code of Practice to offer managed services on the MAN's in the context of national end to end services at non-discriminatory prices such that its related company, enet Telecommunications Networks Ltd did not obtain a material unfair advantage.
· Confirm the revised intercompany transfer pricing arrangements in place are in compliance with the Code of Practice.
· Confirm that the Analysys Mason recommendations are being implemented.
· Based on the findings of its review, make recommendations to the Minister.
I understand that the Commission’s work is still ongoing and I await the outcome of the review.