Tuesday, October 13, 2009

Australia - splitting the fixed network from Telstra would cost AUD 1.2 billions

[the australian] TELSTRA has firmly opposed the federal government's plan to revolutionise the telecommunications industry, claiming that a forced separation of its businesses could cost it more than $1.2billion.

The telco also says the proposed changes threaten to undermine the government's ambitious high-speed broadband strategy, reduce industry competition and disadvantage regional and rural customers.

Releasing its official submission on the Telecommunications Legislation Amendment (Competition and Consumer Safeguards) Bill, Telstra called for significant amendments to be made and for the Senate to delay debate on the proposal until the company's negotiations with the government over the ambitious $43bn national broadband network were completed.

$1.2bn price put on Telstra split

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