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Nov 26, 2009

Telemedia says it removed equipment to avoid revenue loss

In response, Telemedia issued a release after six tonight in which it said that it terminated the unfiltered E1 service to SpeedNet in order to eliminate Telemedia’s significant losses of revenue over arrangements made with SpeedNet in the past. Telemedia viewed Smart’s installation of a satellite on Sunday as a breach of security, so it claimed it had to remove it. The release goes on to say that the P.U.C. asked for both Telemedia and Smart to submit all written arrangements they have made with other telecommunications licensees. According to Telemedia, it has been asked by the P.U.C. to provide SpeedNet a reasonable alternative and it has been directed to enter into new negotiations for all existing interconnection and infrastructure agreements.

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