To the extent to which a market is competitive and customers are being well-served in terms of affordability and also quality and innovation, clearly there's not the need for an intervention or regulatory activity, and the posture should be more benign. If the market is deemed to be insufficiently competitive, then I think there's the opportunity for the government to step in. But if the government does step in and put an obligation on an incumbent player that's not yet delivered a return on the original fibre investment, and that fibre investment has been significant with the risks inherent in that, the wholesale prices that should be set should be fair so that the individual, the company building that broadband infrastructure, can exact a fair return at the retail level and at the wholesale level.
On March 18th, 2024. See this statement in context.