Wesley-Smith acknowledged the industry still has work to do on service quality, adding Spark had put a huge amount of effort into addressing the area at Spark and is continuing to do so.
Telecommunications services have become much more important to everyday life and business in New Zealand, and the current regulatory settings needed to be refreshed, Bridges said.
"We have heard from a range of parties as proposals have been developed, and have listened to feedback we received, making a number of changes."
Overall, the Government said, the new regime aims to ensure UFB providers cannot make excessive profits at the expense of consumers yet can achieve reasonable rates of return from ongoing investment.
Earlier this month, the Government's extension to its original UFB roll-out commenced in Northland and on the West Coast.
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