On 5 February 2013, we received five applications for a pricing review determination for the UCLL service. As a result of these applications, we were obliged to review the UCLL prices that were set in the UCLL benchmarking review in December 2012.

In January 2014, we received five applications for a pricing review determination for the UBA service. We were therefore also required to review the prices set by the UBA benchmarking review in November 2013.

We were required to calculate the cost of the UCLL and UBA services using a forward looking cost based method. Our process involved:

  • following the process set out in Subpart 4 of Part 2 of the Telecommunications Act for pricing review determinations
  • calculating the cost of the UCLL and UBA services in accordance with the FPPs set out in subpart 1 of Part 2 of Schedule 1 of the Act using a forward looking cost-based method: total service long run incremental cost (TSLRIC).